Virtue Capital Management LLC Has $23.16 Million Holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR)

Virtue Capital Management LLC raised its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 15.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 909,855 shares of the company’s stock after acquiring an additional 124,290 shares during the period. VanEck IG Floating Rate ETF makes up 4.7% of Virtue Capital Management LLC’s holdings, making the stock its 2nd largest position. Virtue Capital Management LLC’s holdings in VanEck IG Floating Rate ETF were worth $23,156,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its stake in shares of VanEck IG Floating Rate ETF by 3,267.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,667,315 shares of the company’s stock valued at $296,933,000 after acquiring an additional 11,320,822 shares during the last quarter. Demars Financial Group LLC increased its stake in shares of VanEck IG Floating Rate ETF by 2,317.3% in the 4th quarter. Demars Financial Group LLC now owns 5,409,368 shares of the company’s stock valued at $137,668,000 after acquiring an additional 5,185,595 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of VanEck IG Floating Rate ETF in the 4th quarter valued at about $25,659,000. LPL Financial LLC increased its stake in shares of VanEck IG Floating Rate ETF by 33.6% in the 4th quarter. LPL Financial LLC now owns 3,074,762 shares of the company’s stock valued at $78,253,000 after acquiring an additional 772,961 shares during the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in shares of VanEck IG Floating Rate ETF in the 4th quarter valued at about $14,932,000.

VanEck IG Floating Rate ETF Stock Performance

FLTR opened at $25.43 on Monday. VanEck IG Floating Rate ETF has a 12 month low of $24.59 and a 12 month high of $25.58. The company has a fifty day simple moving average of $25.35 and a 200 day simple moving average of $25.44.

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.