VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Get Free Report) saw strong trading volume on Friday . 2,258,964 shares were traded during trading, an increase of 179% from the previous session’s volume of 810,647 shares.The stock last traded at $25.45 and had previously closed at $25.46.
VanEck IG Floating Rate ETF Stock Down 0.1%
The stock’s 50 day moving average is $25.52 and its 200-day moving average is $25.51.
VanEck IG Floating Rate ETF Cuts Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.086 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.
Institutional Inflows and Outflows
About VanEck IG 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.
Further Reading
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