Keudell Morrison Wealth Management bought a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 49,023 shares of the company’s stock, valued at approximately $1,249,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in FLTR. Goldman Sachs Group Inc. purchased a new position in shares of VanEck IG Floating Rate ETF during the 1st quarter valued at approximately $1,969,000. JPMorgan Chase & Co. lifted its holdings in VanEck IG Floating Rate ETF by 53.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 52,140 shares of the company’s stock valued at $1,330,000 after purchasing an additional 18,103 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in VanEck IG Floating Rate ETF by 5.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock valued at $42,864,000 after purchasing an additional 81,597 shares in the last quarter. Vista Investment Management lifted its holdings in VanEck IG Floating Rate ETF by 8.0% in the 2nd quarter. Vista Investment Management now owns 255,518 shares of the company’s stock valued at $6,516,000 after purchasing an additional 18,862 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in VanEck IG Floating Rate ETF by 53.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 512,181 shares of the company’s stock valued at $12,851,000 after purchasing an additional 177,757 shares in the last quarter.
VanEck IG Floating Rate ETF Stock Performance
Shares of FLTR stock opened at $25.56 on Friday. The stock’s fifty day moving average is $25.48 and its two-hundred day moving average is $25.50. VanEck IG Floating Rate ETF has a fifty-two week low of $25.34 and a fifty-two week high of $25.59.
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.
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