VanEck IG Floating Rate ETF $FLTR Shares Newly Bought by Montis Financial LLC

Montis Financial LLC purchased a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 244,754 shares of the company’s stock, valued at approximately $6,263,000. VanEck IG Floating Rate ETF makes up about 1.3% of Montis Financial LLC’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors have also made changes to their positions in the company. Pinnacle Wealth Planning Services Inc. purchased a new position in VanEck IG Floating Rate ETF during the third quarter valued at approximately $78,831,000. Fusion Capital LLC acquired a new position in VanEck IG Floating Rate ETF in the 3rd quarter valued at approximately $43,729,000. Insight Wealth Strategies LLC acquired a new position in VanEck IG Floating Rate ETF in the 3rd quarter valued at approximately $29,143,000. Demars Financial Group LLC acquired a new position in VanEck IG Floating Rate ETF in the 3rd quarter valued at approximately $18,350,000. Finally, White Pine Investment CO acquired a new position in VanEck IG Floating Rate ETF in the 3rd quarter valued at approximately $15,055,000.

VanEck IG Floating Rate ETF Trading Up 0.0%

FLTR stock opened at $25.48 on Tuesday. VanEck IG Floating Rate ETF has a 12-month low of $25.35 and a 12-month high of $25.61. The company has a 50 day moving average of $25.55 and a two-hundred day moving average of $25.53.

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.