Parsons Capital Management Inc. RI boosted its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 11.5% during the third quarter, Holdings Channel.com reports. The fund owned 417,575 shares of the company’s stock after acquiring an additional 42,984 shares during the period. Parsons Capital Management Inc. RI’s holdings in VanEck IG Floating Rate ETF were worth $10,677,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Spire Wealth Management grew its stake in shares of VanEck IG Floating Rate ETF by 1,058.0% in the second quarter. Spire Wealth Management now owns 1,297 shares of the company’s stock worth $33,000 after purchasing an additional 1,185 shares during the last quarter. Bogart Wealth LLC raised its position in VanEck IG Floating Rate ETF by 48.3% during the 2nd quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock valued at $45,000 after purchasing an additional 570 shares during the last quarter. CWM LLC lifted its holdings in VanEck IG Floating Rate ETF by 554.3% in the 3rd quarter. CWM LLC now owns 1,819 shares of the company’s stock worth $47,000 after buying an additional 1,541 shares during the period. Sheets Smith Wealth Management bought a new stake in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth approximately $205,000. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of VanEck IG Floating Rate ETF during the second quarter valued at approximately $215,000.
VanEck IG Floating Rate ETF Price Performance
Shares of FLTR stock opened at $25.51 on Tuesday. The stock has a fifty day moving average of $25.50 and a 200 day moving average of $25.50. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.59.
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.
Featured Stories
- Five stocks we like better than VanEck IG Floating Rate ETF
- Wall Street Alert: Buy AES
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- Trump’s AI Secret: 100X Faster Than Nvidia
- A U.S. “birthright” claim worth trillions – activated quietly
- Trump Did WHAT??
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).
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
