Axxcess Wealth Management LLC lessened its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 12.3% in the second quarter, Holdings Channel.com reports. The fund owned 17,123 shares of the company’s stock after selling 2,405 shares during the quarter. Axxcess Wealth Management LLC’s holdings in VanEck IG Floating Rate ETF were worth $437,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its position in VanEck IG Floating Rate ETF by 308.9% during the first quarter. Allworth Financial LP now owns 1,055 shares of the company’s stock valued at $27,000 after acquiring an additional 797 shares during the period. Bogart Wealth LLC purchased a new stake in VanEck IG Floating Rate ETF during the first quarter valued at about $30,000. Capital Investment Advisory Services LLC purchased a new stake in VanEck IG Floating Rate ETF during the first quarter valued at about $36,000. WASHINGTON TRUST Co purchased a new stake in VanEck IG Floating Rate ETF during the first quarter valued at about $50,000. Finally, Iron Horse Wealth Management LLC boosted its position in shares of VanEck IG Floating Rate ETF by 500.0% in the first quarter. Iron Horse Wealth Management LLC now owns 3,000 shares of the company’s stock worth $77,000 after buying an additional 2,500 shares during the period.
VanEck IG Floating Rate ETF Stock Up 0.1%
Shares of NYSEARCA FLTR opened at $25.52 on Friday. VanEck IG Floating Rate ETF has a 1-year low of $24.59 and a 1-year high of $25.59. The business has a 50-day moving average of $25.51 and a 200-day moving average of $25.44.
VanEck IG Floating Rate ETF 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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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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