WealthPLAN Partners LLC purchased a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, Holdings Channel reports. The institutional investor purchased 46,103 shares of the company’s stock, valued at approximately $1,180,000.
Other large investors have also recently bought and sold shares of the company. Kensington Asset Management LLC lifted its stake in VanEck IG Floating Rate ETF by 15.4% in the 1st quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock worth $76,169,000 after acquiring an additional 399,928 shares in the last quarter. Bank of America Corp DE grew its stake in VanEck IG Floating Rate ETF by 7.9% during the 1st quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock valued at $43,185,000 after acquiring an additional 123,390 shares in the last quarter. Insight Wealth Strategies LLC purchased a new position in VanEck IG Floating Rate ETF during the 3rd quarter valued at about $29,143,000. Lane Brothers & Co. Inc. increased its holdings in shares of VanEck IG Floating Rate ETF by 5.6% in the 1st quarter. Lane Brothers & Co. Inc. now owns 621,858 shares of the company’s stock valued at $15,845,000 after purchasing an additional 33,070 shares during the period. Finally, Demars Financial Group LLC increased its holdings in shares of VanEck IG Floating Rate ETF by 10.5% in the 1st quarter. Demars Financial Group LLC now owns 576,430 shares of the company’s stock valued at $14,687,000 after purchasing an additional 54,717 shares during the period.
VanEck IG Floating Rate ETF Price Performance
Shares of NYSEARCA FLTR traded up $0.01 during mid-day trading on Thursday, reaching $25.55. The company had a trading volume of 1,366,044 shares, compared to its average volume of 1,074,204. The stock has a fifty day moving average of $25.56 and a two-hundred day moving average of $25.54. VanEck IG Floating Rate ETF has a 12-month low of $25.35 and a 12-month high of $25.61.
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.
See Also
- Five stocks we like better than VanEck IG Floating Rate ETF
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
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.
