Pension & Wealth Management Advisors Inc. purchased a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, Holdings Channel.com reports. The fund purchased 235,752 shares of the company’s stock, valued at approximately $6,033,000. VanEck IG Floating Rate ETF accounts for 1.4% of Pension & Wealth Management Advisors Inc.’s portfolio, making the stock its 13th largest position.
Several other institutional investors have also bought and sold shares of the company. Whittier Trust Co. bought a new position in VanEck IG Floating Rate ETF during the first quarter valued at $25,000. EverSource Wealth Advisors LLC increased its position in VanEck IG Floating Rate ETF by 103.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock worth $26,000 after buying an additional 516 shares during the last quarter. Assetmark Inc. increased its position in VanEck IG Floating Rate ETF by 126.6% in the first quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock worth $42,000 after buying an additional 927 shares during the last quarter. Allworth Financial LP increased its position in VanEck IG Floating Rate ETF by 182.9% in the second quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock worth $58,000 after buying an additional 1,452 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of VanEck IG Floating Rate ETF by 130.0% in the second quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock valued at $118,000 after buying an additional 2,600 shares during the period.
VanEck IG Floating Rate ETF Stock Performance
Shares of FLTR traded down $0.01 during mid-day trading on Friday, hitting $25.55. The stock had a trading volume of 2,371,954 shares, compared to its average volume of 1,084,727. VanEck IG Floating Rate ETF has a 52 week low of $25.35 and a 52 week high of $25.61. The business has a fifty day moving average price of $25.56 and a 200-day moving average price of $25.54.
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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