588,306 Shares of VanEck IG Floating Rate ETF $FLTR Acquired by White Pine Investment CO

White Pine Investment CO acquired a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 588,306 shares of the company’s stock, valued at approximately $15,055,000. VanEck IG Floating Rate ETF comprises approximately 2.9% of White Pine Investment CO’s investment portfolio, making the stock its 7th biggest position. White Pine Investment CO owned approximately 0.43% of VanEck IG Floating Rate ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Whittier Trust Co. bought a new stake in VanEck IG Floating Rate ETF in the 1st quarter worth approximately $25,000. EverSource Wealth Advisors LLC grew its position in VanEck IG Floating Rate ETF by 103.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock valued at $26,000 after acquiring an additional 516 shares during the last quarter. Assetmark Inc. grew its position in VanEck IG Floating Rate ETF by 126.6% during the first quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock valued at $42,000 after acquiring an additional 927 shares during the last quarter. Allworth Financial LP grew its position in VanEck IG Floating Rate ETF by 182.9% during the second quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock valued at $58,000 after acquiring an additional 1,452 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of VanEck IG Floating Rate ETF by 130.0% during the second quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock worth $118,000 after acquiring an additional 2,600 shares in the last quarter.

VanEck IG Floating Rate ETF Price Performance

FLTR stock opened at $25.56 on Friday. VanEck IG Floating Rate ETF has a one year low of $25.35 and a one year high of $25.61. The company’s 50 day moving average price is $25.56 and its two-hundred day moving average price is $25.54.

VanEck IG 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.