Sigma Planning Corp Has $772,000 Stake in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Sigma Planning Corp lowered its position in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,331 shares of the company’s stock after selling 1,831 shares during the period. Sigma Planning Corp’s holdings in VanEck Floating Rate ETF were worth $772,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Principal Securities Inc. grew its position in VanEck Floating Rate ETF by 29.4% in the fourth quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock worth $129,000 after acquiring an additional 1,155 shares in the last quarter. Goldstone Financial Group LLC bought a new stake in VanEck Floating Rate ETF in the third quarter worth $202,000. Sanctuary Advisors LLC acquired a new position in VanEck Floating Rate ETF during the fourth quarter worth $248,000. PFG Investments LLC acquired a new position in VanEck Floating Rate ETF during the third quarter worth $248,000. Finally, First Heartland Consultants Inc. bought a new position in VanEck Floating Rate ETF during the third quarter valued at about $265,000.

VanEck Floating Rate ETF Price Performance

Shares of NYSEARCA:FLTR opened at $25.57 on Wednesday. The business has a 50-day moving average of $25.50 and a two-hundred day moving average of $25.46. VanEck Floating Rate ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.58.

About VanEck Floating Rate ETF

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.