Smith Partners Wealth Management LLC bought a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 159,576 shares of the company’s stock, valued at approximately $4,084,000. VanEck IG Floating Rate ETF comprises about 3.0% of Smith Partners Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Smith Partners Wealth Management LLC owned about 0.11% of VanEck IG Floating Rate ETF as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new stake in VanEck IG Floating Rate ETF during the 3rd quarter valued at $25,000. EverSource Wealth Advisors LLC boosted 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 worth $26,000 after purchasing an additional 516 shares during the period. Heritage Family Offices LLP acquired a new position in shares of VanEck IG Floating Rate ETF in the third quarter valued at $32,000. Assetmark Inc. raised its position in shares of VanEck IG Floating Rate ETF by 126.6% in the first 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. Finally, Signature Equity Partners LLC bought a new position in shares of VanEck IG Floating Rate ETF in the third quarter valued at about $45,000.
VanEck IG Floating Rate ETF Stock Performance
NYSEARCA FLTR opened at $25.50 on Thursday. The firm has a 50-day moving average of $25.55 and a 200-day moving average of $25.53. VanEck IG Floating Rate ETF has a 52-week low of $25.35 and a 52-week high of $25.61.
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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