Mirae Asset Global Investments Co. Ltd. Makes New $792,000 Investment in VanEck IG Floating Rate ETF $FLTR

Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 30,968 shares of the company’s stock, valued at approximately $792,000.

Several other hedge funds have also recently made changes to their positions in the business. Oppenheimer & Co. Inc. purchased a new position in VanEck IG Floating Rate ETF in the third quarter worth about $2,088,000. WealthPLAN Partners LLC bought a new stake in VanEck IG Floating Rate ETF during the third quarter worth approximately $1,180,000. Optivise Advisory Services LLC purchased a new stake in VanEck IG Floating Rate ETF during the third quarter valued at approximately $1,257,000. Vima LLC purchased a new stake in VanEck IG Floating Rate ETF during the third quarter valued at approximately $1,295,000. Finally, FAS Wealth Partners Inc. raised its position in VanEck IG Floating Rate ETF by 5.8% during the first quarter. FAS Wealth Partners Inc. now owns 364,993 shares of the company’s stock valued at $9,300,000 after purchasing an additional 19,930 shares during the period.

VanEck IG Floating Rate ETF Price Performance

NYSEARCA:FLTR opened at $25.47 on Monday. VanEck IG Floating Rate ETF has a 1 year low of $25.35 and a 1 year high of $25.61. The business has a 50 day simple moving average of $25.55 and a 200-day simple moving average of $25.53.

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.