Concord Asset Management LLC VA Has $1.18 Million Holdings in VanEck IG Floating Rate ETF $FLTR

Concord Asset Management LLC VA boosted its stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 165.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 46,310 shares of the company’s stock after buying an additional 28,892 shares during the period. Concord Asset Management LLC VA’s holdings in VanEck IG Floating Rate ETF were worth $1,181,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Demars Financial Group LLC boosted its stake in shares of VanEck IG Floating Rate ETF by 132.0% in the 1st quarter. Demars Financial Group LLC now owns 12,550,406 shares of the company’s stock valued at $320,663,000 after purchasing an additional 7,141,038 shares in the last quarter. Ramiah Investment Group acquired a new stake in shares of VanEck IG Floating Rate ETF in the 1st quarter valued at $44,616,000. Keudell Morrison Wealth Management acquired a new stake in shares of VanEck IG Floating Rate ETF in the 1st quarter valued at $30,391,000. LPL Financial LLC boosted its stake in shares of VanEck IG Floating Rate ETF by 22.9% in the 1st quarter. LPL Financial LLC now owns 3,779,799 shares of the company’s stock valued at $96,574,000 after purchasing an additional 705,037 shares in the last quarter. Finally, Atria Investments Inc boosted its stake in shares of VanEck IG Floating Rate ETF by 7,267.0% in the 1st quarter. Atria Investments Inc now owns 656,105 shares of the company’s stock valued at $16,763,000 after purchasing an additional 647,199 shares in the last quarter.

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLTR opened at $25.48 on Monday. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.59. The company’s fifty day moving average is $25.51 and its 200-day moving average is $25.44.

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.