VanEck IG Floating Rate ETF $FLTR Shares Newly Purchased by Milestone Asset Management LLC

Milestone Asset Management LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the third quarter, HoldingsChannel reports. The fund bought 46,766 shares of the company’s stock, valued at approximately $1,197,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Insight Wealth Strategies LLC acquired a new position in VanEck IG Floating Rate ETF during the third quarter worth approximately $29,143,000. Lane Brothers & Co. Inc. purchased a new stake in VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $15,002,000. White Pine Investment CO purchased a new stake in VanEck IG Floating Rate ETF in the third quarter valued at approximately $15,055,000. Corient Private Wealth LLC purchased a new stake in VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $11,647,000. Finally, Kensington Asset Management LLC boosted its holdings in shares of VanEck IG Floating Rate ETF by 15.4% in the first quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock valued at $76,169,000 after acquiring an additional 399,928 shares during the period.

VanEck IG Floating Rate ETF Price Performance

FLTR stock opened at $25.56 on Friday. VanEck IG Floating Rate ETF has a twelve month low of $25.35 and a twelve month high of $25.61. The business has a 50 day simple moving average of $25.56 and a 200-day simple moving average of $25.54.

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.