Kohmann Bosshard Financial Services LLC Cuts Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Kohmann Bosshard Financial Services LLC lowered its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,785 shares of the company’s stock after selling 2,349 shares during the period. Kohmann Bosshard Financial Services LLC owned approximately 0.08% of VanEck Floating Rate ETF worth $1,267,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FLTR. Strategic Financial Concepts LLC grew its position in VanEck Floating Rate ETF by 3,267.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock worth $296,933,000 after acquiring an additional 11,320,822 shares in the last quarter. Ocean Park Asset Management LLC bought a new stake in shares of VanEck Floating Rate ETF during the fourth quarter valued at approximately $14,932,000. Twelve Points Wealth Management LLC bought a new stake in shares of VanEck Floating Rate ETF during the fourth quarter valued at approximately $11,504,000. Fusion Capital LLC raised its stake in shares of VanEck Floating Rate ETF by 537.2% during the fourth quarter. Fusion Capital LLC now owns 477,625 shares of the company’s stock valued at $12,156,000 after acquiring an additional 402,670 shares in the last quarter. Finally, WealthShield Partners LLC raised its stake in shares of VanEck Floating Rate ETF by 558.5% during the fourth quarter. WealthShield Partners LLC now owns 379,237 shares of the company’s stock valued at $9,652,000 after acquiring an additional 321,649 shares in the last quarter.

VanEck Floating Rate ETF Stock Up 0.1 %

VanEck Floating Rate ETF stock opened at $25.58 on Friday. The company has a 50 day moving average price of $25.51 and a 200-day moving average price 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.