Koshinski Asset Management Inc. Purchases 6,014 Shares of VanEck IG Floating Rate ETF $FLTR

Koshinski Asset Management Inc. increased its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 29.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,154 shares of the company’s stock after acquiring an additional 6,014 shares during the period. Koshinski Asset Management Inc.’s holdings in VanEck IG Floating Rate ETF were worth $667,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Pinnacle Wealth Planning Services Inc. grew its position in VanEck IG Floating Rate ETF by 7.6% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 4,151,858 shares of the company’s stock worth $106,080,000 after acquiring an additional 294,026 shares during the last quarter. LPL Financial LLC grew its position in VanEck IG Floating Rate ETF by 22.9% during the 1st quarter. LPL Financial LLC now owns 3,779,799 shares of the company’s stock worth $96,574,000 after acquiring an additional 705,037 shares during the last quarter. Wealthfront Advisers LLC grew its position in VanEck IG Floating Rate ETF by 10.7% during the 1st quarter. Wealthfront Advisers LLC now owns 1,829,550 shares of the company’s stock worth $46,745,000 after acquiring an additional 176,223 shares during the last quarter. Ramiah Investment Group bought a new stake in VanEck IG Floating Rate ETF during the 1st quarter worth $44,616,000. Finally, Keudell Morrison Wealth Management grew its position in VanEck IG Floating Rate ETF by 35.3% during the 2nd quarter. Keudell Morrison Wealth Management now owns 1,609,862 shares of the company’s stock worth $41,051,000 after acquiring an additional 420,374 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

Shares of FLTR stock opened at $25.52 on Monday. VanEck IG Floating Rate ETF has a twelve month low of $24.59 and a twelve month high of $25.59. The stock’s fifty day simple moving average is $25.51 and its 200 day simple moving average is $25.44.

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.