VanEck Floating Rate ETF (NYSEARCA:FLTR) Holdings Boosted by Edmonds Duncan Registered Investment Advisors LLC

Edmonds Duncan Registered Investment Advisors LLC increased its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 2.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,509,466 shares of the company’s stock after buying an additional 29,179 shares during the quarter. VanEck Floating Rate ETF comprises 9.4% of Edmonds Duncan Registered Investment Advisors LLC’s holdings, making the stock its largest position. Edmonds Duncan Registered Investment Advisors LLC owned 3.51% of VanEck Floating Rate ETF worth $38,506,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Baldwin Brothers LLC MA acquired a new stake in VanEck Floating Rate ETF during the fourth quarter worth $28,000. Benjamin F. Edwards & Company Inc. acquired a new stake in VanEck Floating Rate ETF during the fourth quarter worth $43,000. WealthShield Partners LLC acquired a new stake in VanEck Floating Rate ETF during the fourth quarter worth $60,000. Principal Securities Inc. acquired a new stake in VanEck Floating Rate ETF during the fourth quarter worth $64,000. Finally, NBC Securities Inc. increased its stake in VanEck Floating Rate ETF by 35.0% during the fourth quarter. NBC Securities Inc. now owns 3,565 shares of the company’s stock worth $89,000 after acquiring an additional 925 shares during the last quarter.

VanEck Floating Rate ETF Price Performance

FLTR stock remained flat at $25.38 during midday trading on Tuesday. The company’s stock had a trading volume of 81,035 shares, compared to its average volume of 546,437. The company’s fifty day simple moving average is $25.45 and its 200-day simple moving average is $25.38. VanEck Floating Rate ETF has a one year low of $25.08 and a one year high of $25.52.

VanEck Floating Rate ETF Profile

The VanEck Investment Grade Floating Rate ETF (FLTR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade floating-rate notes issued by corporate entities. FLTR was launched on Apr 25, 2011 and is managed by VanEck.