Entrust Financial LLC purchased a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 59,052 shares of the company’s stock, valued at approximately $1,511,000. VanEck IG Floating Rate ETF comprises approximately 0.7% of Entrust Financial LLC’s portfolio, making the stock its 28th largest holding.
Several other large investors have also recently modified their holdings of the stock. Pinnacle Wealth Planning Services Inc. purchased a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth about $78,831,000. Fusion Capital LLC bought a new position in VanEck IG Floating Rate ETF in the 3rd quarter worth about $43,729,000. Insight Wealth Strategies LLC purchased a new stake in VanEck IG Floating Rate ETF during the 3rd quarter valued at about $29,143,000. Demars Financial Group LLC purchased a new stake in VanEck IG Floating Rate ETF during the 3rd quarter valued at about $18,350,000. Finally, White Pine Investment CO purchased a new stake in VanEck IG Floating Rate ETF during the 3rd quarter valued at about $15,055,000.
VanEck IG Floating Rate ETF Stock Performance
NYSEARCA:FLTR opened at $25.47 on Monday. VanEck IG Floating Rate ETF has a fifty-two week low of $25.35 and a fifty-two week high of $25.61. The firm has a 50-day simple moving average of $25.55 and a two-hundred day simple moving average of $25.53.
About VanEck IG Floating Rate ETF
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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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).
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