1,138,827 Shares of VanEck IG Floating Rate ETF $FLTR Bought by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the third quarter, HoldingsChannel reports. The firm bought 1,138,827 shares of the company’s stock, valued at approximately $29,143,000. VanEck IG Floating Rate ETF comprises about 2.9% of Insight Wealth Strategies LLC’s holdings, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lane Brothers & Co. Inc. bought a new position in VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $15,002,000. Asset One Wealth Management LLC bought a new stake in shares of VanEck IG Floating Rate ETF during the 4th quarter worth approximately $2,207,000. Kensington Asset Management LLC boosted its holdings in shares of VanEck IG Floating Rate ETF by 20.6% in the 4th quarter. Kensington Asset Management LLC now owns 2,589,451 shares of the company’s stock valued at $65,902,000 after buying an additional 442,359 shares during the last quarter. Systelligence LLC boosted its holdings in shares of VanEck IG Floating Rate ETF by 195.3% in the 1st quarter. Systelligence LLC now owns 45,829 shares of the company’s stock valued at $1,168,000 after buying an additional 30,307 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of VanEck IG Floating Rate ETF by 12.4% in the first quarter. Cetera Investment Advisers now owns 419,095 shares of the company’s stock valued at $10,679,000 after buying an additional 46,312 shares in the last quarter.

VanEck IG Floating Rate ETF Price Performance

Shares of NYSEARCA:FLTR traded down $0.01 during midday trading on Friday, hitting $25.54. The stock had a trading volume of 1,235,863 shares, compared to its average volume of 1,059,825. VanEck IG Floating Rate ETF has a 12 month low of $25.34 and a 12 month high of $25.61. The business’s 50-day simple moving average is $25.56 and its 200-day simple moving average is $25.53.

VanEck IG Floating Rate ETF Company 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.