38,490 Shares of VanEck IG Floating Rate ETF $FLTR Purchased by Royal Fund Management LLC

Royal Fund Management LLC purchased a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the 3rd quarter, Holdings Channel reports. The fund purchased 38,490 shares of the company’s stock, valued at approximately $985,000.

A number of other hedge funds have also recently bought and sold shares of FLTR. Whittier Trust Co. bought a new position in VanEck IG Floating Rate ETF in the first quarter valued at approximately $25,000. EverSource Wealth Advisors LLC increased its position in shares of VanEck IG Floating Rate ETF by 103.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock worth $26,000 after purchasing an additional 516 shares during the last quarter. Assetmark Inc. raised its stake in shares of VanEck IG Floating Rate ETF by 126.6% during the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock worth $42,000 after purchasing an additional 927 shares in the last quarter. Allworth Financial LP raised its stake in shares of VanEck IG Floating Rate ETF by 182.9% during the 2nd quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock worth $58,000 after purchasing an additional 1,452 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of VanEck IG Floating Rate ETF by 130.0% during the 2nd quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock worth $118,000 after purchasing an additional 2,600 shares in the last quarter.

VanEck IG Floating Rate ETF Trading Down 0.0%

Shares of NYSEARCA FLTR traded down $0.01 during trading hours on Friday, hitting $25.56. The company had a trading volume of 2,482,457 shares, compared to its average volume of 1,104,686. VanEck IG Floating Rate ETF has a 1-year low of $25.35 and a 1-year high of $25.61. The firm’s 50 day moving average is $25.56 and its 200-day moving average is $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.