Focus Financial Network Inc. acquired a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, HoldingsChannel.com reports. The fund acquired 326,802 shares of the company’s stock, valued at approximately $8,363,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FLTR. Whittier Trust Co. bought a new stake in VanEck IG Floating Rate ETF in the first quarter valued at approximately $25,000. EverSource Wealth Advisors LLC increased its position in VanEck IG Floating Rate ETF by 103.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock valued at $26,000 after purchasing an additional 516 shares during the period. Assetmark Inc. raised its holdings in VanEck IG Floating Rate ETF by 126.6% during the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock worth $42,000 after purchasing an additional 927 shares during the last quarter. Allworth Financial LP raised its holdings in VanEck IG Floating Rate ETF by 182.9% during the 2nd quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock worth $58,000 after purchasing an additional 1,452 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in VanEck IG Floating Rate ETF by 130.0% during the 2nd quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock worth $118,000 after purchasing an additional 2,600 shares during the last quarter.
VanEck IG Floating Rate ETF Stock Performance
Shares of NYSEARCA FLTR opened at $25.54 on Wednesday. VanEck IG Floating Rate ETF has a 52-week low of $25.35 and a 52-week high of $25.61. The company’s 50 day moving average price is $25.56 and its 200-day moving average price is $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.
Further Reading
- Five stocks we like better than VanEck IG Floating Rate ETF
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report).
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
