Greenwich Investment Management Inc. Makes New $717,000 Investment in VanEck Vectors Investment Grade Floating Rate Bond ETF (NYSEARCA:FLTR)

Greenwich Investment Management Inc. acquired a new position in VanEck Vectors Investment Grade Floating Rate Bond ETF (NYSEARCA:FLTR) in the 1st quarter, HoldingsChannel reports. The firm acquired 30,375 shares of the company’s stock, valued at approximately $717,000. VanEck Vectors Investment Grade Floating Rate Bond ETF makes up 0.9% of Greenwich Investment Management Inc.’s portfolio, making the stock its 29th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Pinnacle Wealth Planning Services Inc. lifted its holdings in VanEck Vectors Investment Grade Floating Rate Bond ETF by 31.8% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 1,679,170 shares of the company’s stock worth $31,184,000 after buying an additional 404,808 shares during the period. Bank of America Corp DE lifted its holdings in VanEck Vectors Investment Grade Floating Rate Bond ETF by 10.3% in the 4th quarter. Bank of America Corp DE now owns 813,300 shares of the company’s stock worth $20,585,000 after buying an additional 75,950 shares during the period. Cantor Fitzgerald Investment Adviser L.P. lifted its holdings in VanEck Vectors Investment Grade Floating Rate Bond ETF by 8.9% in the 1st quarter. Cantor Fitzgerald Investment Adviser L.P. now owns 722,242 shares of the company’s stock worth $17,059,000 after buying an additional 58,791 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in VanEck Vectors Investment Grade Floating Rate Bond ETF in the 4th quarter worth approximately $9,389,000. Finally, Madrona Financial Services LLC lifted its holdings in VanEck Vectors Investment Grade Floating Rate Bond ETF by 0.9% in the 1st quarter. Madrona Financial Services LLC now owns 291,520 shares of the company’s stock worth $6,886,000 after buying an additional 2,472 shares during the period.

Shares of FLTR traded down $0.01 on Monday, reaching $24.82. The stock had a trading volume of 350 shares, compared to its average volume of 162,160. The company has a 50-day simple moving average of $24.58 and a 200-day simple moving average of $24.85. VanEck Vectors Investment Grade Floating Rate Bond ETF has a 12-month low of $19.42 and a 12-month high of $25.45.

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Institutional Ownership by Quarter for VanEck Vectors Investment Grade Floating Rate Bond ETF (NYSEARCA:FLTR)

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