VanEck IG Floating Rate ETF $FLTR Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 80.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,290 shares of the company’s stock after purchasing an additional 51,984 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck IG Floating Rate ETF were worth $2,972,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. ORBA Wealth Advisors L.L.C. purchased a new stake in VanEck IG Floating Rate ETF during the third quarter worth $278,000. Tidemark LLC raised its position in shares of VanEck IG Floating Rate ETF by 4.7% in the third quarter. Tidemark LLC now owns 112,677 shares of the company’s stock worth $2,881,000 after acquiring an additional 5,036 shares during the period. Howard Wealth Management LLC raised its position in shares of VanEck IG Floating Rate ETF by 10.5% in the third quarter. Howard Wealth Management LLC now owns 83,469 shares of the company’s stock worth $2,134,000 after acquiring an additional 7,914 shares during the period. Sovran Advisors LLC boosted its stake in shares of VanEck IG Floating Rate ETF by 52.0% during the 3rd quarter. Sovran Advisors LLC now owns 200,630 shares of the company’s stock worth $5,128,000 after acquiring an additional 68,673 shares in the last quarter. Finally, Acorn Wealth Advisors LLC grew its position in shares of VanEck IG Floating Rate ETF by 8.2% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 11,195 shares of the company’s stock valued at $286,000 after acquiring an additional 853 shares during the period.

VanEck IG Floating Rate ETF Stock Performance

Shares of VanEck IG Floating Rate ETF stock opened at $25.53 on Friday. VanEck IG Floating Rate ETF has a twelve month low of $24.59 and a twelve month high of $25.59. The business has a 50-day moving average price of $25.51 and a 200 day moving average price of $25.51.

VanEck IG Floating Rate ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.0947 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

VanEck IG Floating Rate ETF Company 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.