Bright Futures Wealth Management LLC. Makes New $3.11 Million Investment in VanEck Floating Rate ETF (NYSEARCA:FLTR)

Bright Futures Wealth Management LLC. bought a new position in VanEck Floating Rate ETF (NYSEARCA:FLTR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 121,648 shares of the company’s stock, valued at approximately $3,108,000. VanEck Floating Rate ETF accounts for approximately 2.8% of Bright Futures Wealth Management LLC.’s holdings, making the stock its 7th largest position. Bright Futures Wealth Management LLC. owned 0.20% of VanEck Floating Rate ETF as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Goldstone Financial Group LLC acquired a new position in shares of VanEck Floating Rate ETF during the third quarter valued at $202,000. CHB Investment Group LLC acquired a new position in shares of VanEck Floating Rate ETF during the third quarter valued at $229,000. PFG Investments LLC acquired a new position in shares of VanEck Floating Rate ETF during the third quarter valued at $248,000. First Heartland Consultants Inc. acquired a new position in shares of VanEck Floating Rate ETF during the third quarter valued at $265,000. Finally, Greater Midwest Financial Group LLC acquired a new position in shares of VanEck Floating Rate ETF during the fourth quarter valued at $281,000.

VanEck Floating Rate ETF Price Performance

Shares of FLTR opened at $25.51 on Friday. The stock’s fifty day moving average is $25.49 and its 200-day moving average is $25.45. VanEck Floating Rate ETF has a one year low of $25.00 and a one year high of $25.56.

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.