Fortune Financial Group Inc. acquired a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm acquired 79,287 shares of the company’s stock, valued at approximately $2,234,000. VanEck IG Floating Rate ETF comprises approximately 2.3% of Fortune Financial Group Inc.’s portfolio, making the stock its 13th biggest position.
Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. raised its stake in shares of VanEck IG Floating Rate ETF by 11.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,880,084 shares of the company’s stock worth $48,074,000 after buying an additional 199,135 shares during the last quarter. Bank of America Corp DE grew its stake in VanEck IG Floating Rate ETF by 27.4% in the 3rd quarter. Bank of America Corp DE now owns 1,481,675 shares of the company’s stock valued at $37,886,000 after acquiring an additional 318,361 shares during the last quarter. Fusion Capital LLC grew its stake in VanEck IG Floating Rate ETF by 3.6% in the 4th quarter. Fusion Capital LLC now owns 1,412,133 shares of the company’s stock valued at $35,981,000 after acquiring an additional 49,131 shares during the last quarter. Twelve Points Wealth Management LLC grew its stake in VanEck IG Floating Rate ETF by 33.3% in the 4th quarter. Twelve Points Wealth Management LLC now owns 751,841 shares of the company’s stock valued at $19,172,000 after acquiring an additional 187,621 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in VanEck IG Floating Rate ETF by 24.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 635,758 shares of the company’s stock valued at $16,256,000 after acquiring an additional 123,577 shares during the last quarter.
VanEck IG Floating Rate ETF Stock Performance
Shares of FLTR opened at $25.52 on Thursday. The company has a 50-day moving average of $25.50 and a two-hundred day moving average of $25.50. VanEck IG Floating Rate ETF has a 12-month low of $25.34 and a 12-month high of $25.59.
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.
Featured Stories
- Five stocks we like better than VanEck IG Floating Rate ETF
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report).
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
