Grantvest Financial Group LLC purchased a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,968 shares of the company’s stock, valued at approximately $639,000.
A number of other large investors have also added to or reduced their stakes in the business. Kensington Asset Management LLC boosted its position in VanEck IG Floating Rate ETF by 15.4% during the first quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock worth $76,169,000 after purchasing an additional 399,928 shares during the period. Bank of America Corp DE raised its position in shares of VanEck IG Floating Rate ETF by 7.9% in the first quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock valued at $43,185,000 after purchasing an additional 123,390 shares during the period. Insight Wealth Strategies LLC acquired a new stake in shares of VanEck IG Floating Rate ETF during the 3rd quarter worth about $29,143,000. Lane Brothers & Co. Inc. lifted its stake in shares of VanEck IG Floating Rate ETF by 5.6% during the 1st quarter. Lane Brothers & Co. Inc. now owns 621,858 shares of the company’s stock worth $15,845,000 after buying an additional 33,070 shares during the last quarter. Finally, White Pine Investment CO bought a new stake in shares of VanEck IG Floating Rate ETF during the 3rd quarter worth about $15,055,000.
VanEck IG Floating Rate ETF Price Performance
Shares of FLTR stock opened at $25.57 on Thursday. VanEck IG Floating Rate ETF has a 52 week low of $25.35 and a 52 week high of $25.61. The company has a 50-day simple moving average of $25.56 and a 200 day simple moving average of $25.54.
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.
Featured Articles
- Five stocks we like better than VanEck IG Floating Rate ETF
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
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.
