VanEck IG Floating Rate ETF $FLTR Stake Reduced by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC cut its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 21.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 331,628 shares of the company’s stock after selling 88,289 shares during the quarter. WealthPlan Investment Management LLC’s holdings in VanEck IG Floating Rate ETF were worth $8,450,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new position in VanEck IG Floating Rate ETF in the 1st quarter worth about $1,969,000. JPMorgan Chase & Co. increased its stake 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 worth $1,330,000 after purchasing an additional 18,103 shares in the last quarter. Raymond James Financial Inc. increased its stake 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 worth $42,864,000 after purchasing an additional 81,597 shares in the last quarter. Vista Investment Management increased its stake 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 worth $6,516,000 after purchasing an additional 18,862 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake 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 worth $12,851,000 after purchasing an additional 177,757 shares in the last quarter.

VanEck IG Floating Rate ETF Price Performance

Shares of FLTR opened at $25.54 on Friday. The business’s 50-day moving average price is $25.47 and its 200 day moving average price is $25.50. VanEck IG Floating Rate ETF has a 1-year low of $25.34 and a 1-year 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.