VanEck IG Floating Rate ETF $FLTR Shares Newly Bought by MGO One Seven LLC

MGO One Seven LLC bought a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 25,672 shares of the company’s stock, valued at approximately $657,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. bought a new stake in VanEck IG Floating Rate ETF during the 3rd quarter valued at approximately $2,088,000. WealthPLAN Partners LLC purchased a new position in shares of VanEck IG Floating Rate ETF during the 3rd quarter worth approximately $1,180,000. Vima LLC bought a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth approximately $1,295,000. Optivise Advisory Services LLC bought a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth approximately $1,257,000. Finally, Howard Wealth Management LLC bought a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth approximately $2,763,000.

VanEck IG Floating Rate ETF Price Performance

Shares of FLTR remained flat at $25.47 on Friday. The stock had a trading volume of 1,359,443 shares, compared to its average volume of 1,125,261. The company’s 50-day moving average price is $25.55 and its 200-day moving average price is $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.