Bensler LLC Raises Stake in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Bensler LLC grew its stake in shares of VanEck Floating Rate ETF (NYSEARCA:FLTR) by 11.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 465,868 shares of the company’s stock after purchasing an additional 46,350 shares during the quarter. VanEck Floating Rate ETF makes up approximately 1.4% of Bensler LLC’s investment portfolio, making the stock its 24th largest position. Bensler LLC owned approximately 0.77% of VanEck Floating Rate ETF worth $11,856,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its stake in VanEck Floating Rate ETF by 11.1% in the third quarter. Raymond James & Associates now owns 263,795 shares of the company’s stock worth $6,719,000 after acquiring an additional 26,364 shares during the period. Montis Financial LLC lifted its stake in VanEck Floating Rate ETF by 61.1% in the third quarter. Montis Financial LLC now owns 143,726 shares of the company’s stock worth $3,661,000 after acquiring an additional 54,529 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in VanEck Floating Rate ETF by 4.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 173,838 shares of the company’s stock worth $4,428,000 after acquiring an additional 6,744 shares during the period. Atlas Financial Advisors Inc. lifted its position in shares of VanEck Floating Rate ETF by 43.7% during the third quarter. Atlas Financial Advisors Inc. now owns 60,053 shares of the company’s stock valued at $1,530,000 after buying an additional 18,271 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of VanEck Floating Rate ETF by 579.0% during the third quarter. Jane Street Group LLC now owns 177,566 shares of the company’s stock valued at $4,523,000 after buying an additional 151,416 shares during the last quarter.

VanEck Floating Rate ETF Price Performance

FLTR stock opened at $25.53 on Tuesday. The firm has a 50-day simple moving average of $25.48 and a two-hundred day simple moving average of $25.44. VanEck Floating Rate ETF has a one year low of $25.00 and a one year high of $25.54.

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.