80,301 Shares of VanEck IG Floating Rate ETF $FLTR Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 80,301 shares of the company’s stock, valued at approximately $2,055,000. Park Avenue Securities LLC owned approximately 0.06% of VanEck IG Floating Rate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FLTR. Whittier Trust Co. bought a new stake in VanEck IG Floating Rate ETF during the 1st quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its position in shares of VanEck IG Floating Rate ETF by 103.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock worth $26,000 after acquiring an additional 516 shares in the last quarter. Assetmark Inc. lifted its stake in shares of VanEck IG Floating Rate ETF by 126.6% in the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock valued at $42,000 after purchasing an additional 927 shares during the period. Allworth Financial LP lifted its stake in shares of VanEck IG Floating Rate ETF by 182.9% in the 2nd quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock valued at $58,000 after purchasing an additional 1,452 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of VanEck IG Floating Rate ETF by 130.0% in the 2nd quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock valued at $118,000 after purchasing an additional 2,600 shares during the period.

VanEck IG Floating Rate ETF Stock Performance

NYSEARCA FLTR opened at $25.57 on Friday. VanEck IG Floating Rate ETF has a twelve month low of $25.35 and a twelve month high of $25.61. The stock’s 50 day moving average is $25.56 and its 200 day moving average is $25.53.

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.