Insight Wealth Strategies LLC acquired a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,105,715 shares of the company’s stock, valued at approximately $28,229,000. VanEck IG Floating Rate ETF accounts for approximately 2.7% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 7th biggest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in FLTR. Goldman Sachs Group Inc. acquired a new stake in shares of VanEck IG Floating Rate ETF in the 1st quarter valued at approximately $1,969,000. JPMorgan Chase & Co. grew its holdings in VanEck IG Floating Rate ETF by 53.2% during the second quarter. JPMorgan Chase & Co. now owns 52,140 shares of the company’s stock worth $1,330,000 after acquiring an additional 18,103 shares during the period. Raymond James Financial Inc. raised its position in VanEck IG Floating Rate ETF by 5.1% in the second quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock worth $42,864,000 after acquiring an additional 81,597 shares in the last quarter. Vista Investment Management raised its position in VanEck IG Floating Rate ETF by 8.0% in the second quarter. Vista Investment Management now owns 255,518 shares of the company’s stock worth $6,516,000 after acquiring an additional 18,862 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in VanEck IG Floating Rate ETF by 53.2% in the second quarter. Ameriprise Financial Inc. now owns 512,181 shares of the company’s stock worth $12,851,000 after acquiring an additional 177,757 shares in the last quarter.
VanEck IG Floating Rate ETF Price Performance
VanEck IG Floating Rate ETF stock opened at $25.54 on Wednesday. VanEck IG Floating Rate ETF has a one year low of $25.34 and a one year high of $25.61. The business has a fifty day moving average of $25.56 and a two-hundred day moving average of $25.52.
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.
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