VanEck IG Floating Rate ETF $FLTR is White Pine Investment CO’s 6th Largest Position

White Pine Investment CO raised its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 8.2% in the third quarter, Holdings Channel reports. The fund owned 522,251 shares of the company’s stock after buying an additional 39,709 shares during the period. VanEck IG Floating Rate ETF accounts for approximately 3.2% of White Pine Investment CO’s investment portfolio, making the stock its 6th largest holding. White Pine Investment CO’s holdings in VanEck IG Floating Rate ETF were worth $13,354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of the business. Wealthfront Advisers LLC grew its position in shares of VanEck IG Floating Rate ETF by 182.0% in the second quarter. Wealthfront Advisers LLC now owns 5,159,089 shares of the company’s stock valued at $131,557,000 after purchasing an additional 3,329,539 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in VanEck IG Floating Rate ETF by 2.9% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 4,272,209 shares of the company’s stock worth $108,941,000 after buying an additional 120,351 shares in the last quarter. Raymond James Financial Inc. boosted its stake in VanEck IG Floating Rate ETF by 5.1% during the second quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock worth $42,864,000 after buying an additional 81,597 shares during the last quarter. Keudell Morrison Wealth Management grew its holdings in VanEck IG Floating Rate ETF by 35.3% in the 2nd quarter. Keudell Morrison Wealth Management now owns 1,609,862 shares of the company’s stock valued at $41,051,000 after buying an additional 420,374 shares in the last quarter. Finally, Fusion Capital LLC grew its holdings in VanEck IG Floating Rate ETF by 3.5% in the 2nd quarter. Fusion Capital LLC now owns 1,082,442 shares of the company’s stock valued at $27,602,000 after buying an additional 36,537 shares in the last quarter.

VanEck IG Floating Rate ETF Trading Up 0.0%

NYSEARCA FLTR opened at $25.53 on Tuesday. The business’s fifty day simple moving average is $25.50 and its 200-day simple moving average is $25.50. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.59.

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.