Destiny Wealth Partners LLC Purchases 942 Shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR)

Destiny Wealth Partners LLC raised its stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 1.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,608 shares of the company’s stock after purchasing an additional 942 shares during the quarter. Destiny Wealth Partners LLC’s holdings in VanEck IG Floating Rate ETF were worth $2,060,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc increased its position in VanEck IG Floating Rate ETF by 56.2% during the 4th quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock valued at $70,000 after purchasing an additional 983 shares during the period. Bank of America Corp DE increased its stake in shares of VanEck IG Floating Rate ETF by 22.2% in the 4th quarter. Bank of America Corp DE now owns 930,459 shares of the company’s stock worth $23,680,000 after acquiring an additional 169,053 shares in the last quarter. Principal Securities Inc. increased its stake in shares of VanEck IG Floating Rate ETF by 29.4% in the 4th quarter. Principal Securities Inc. now owns 5,082 shares of the company’s stock worth $129,000 after acquiring an additional 1,155 shares in the last quarter. Comerica Bank increased its stake in shares of VanEck IG Floating Rate ETF by 447.3% in the 4th quarter. Comerica Bank now owns 19,140 shares of the company’s stock worth $487,000 after acquiring an additional 15,643 shares in the last quarter. Finally, Arete Wealth Advisors LLC increased its stake in shares of VanEck IG Floating Rate ETF by 1.9% in the 4th quarter. Arete Wealth Advisors LLC now owns 828,550 shares of the company’s stock worth $21,083,000 after acquiring an additional 15,603 shares in the last quarter.

VanEck IG Floating Rate ETF Trading Up 0.0%

Shares of VanEck IG Floating Rate ETF stock opened at $25.41 on Monday. The company has a 50-day moving average of $25.33 and a 200 day moving average of $25.44. VanEck IG Floating Rate ETF has a 1 year low of $24.59 and a 1 year high of $25.58.

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.