Moloney Securities Asset Management LLC Has $411,000 Stock Position in VanEck IG Floating Rate ETF $FLTR

Moloney Securities Asset Management LLC decreased its stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 21.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,109 shares of the company’s stock after selling 4,500 shares during the period. Moloney Securities Asset Management LLC’s holdings in VanEck IG Floating Rate ETF were worth $411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FLTR. Janney Montgomery Scott LLC lifted its position in VanEck IG Floating Rate ETF by 12.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 23,933 shares of the company’s stock worth $612,000 after buying an additional 2,676 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in VanEck IG Floating Rate ETF by 41.2% during the 1st quarter. Oppenheimer & Co. Inc. now owns 49,873 shares of the company’s stock worth $1,274,000 after buying an additional 14,551 shares in the last quarter. CWC Advisors LLC. acquired a new position in VanEck IG Floating Rate ETF during the 1st quarter worth about $6,623,000. WASHINGTON TRUST Co acquired a new position in VanEck IG Floating Rate ETF during the 1st quarter worth about $50,000. Finally, Koshinski Asset Management Inc. acquired a new position in VanEck IG Floating Rate ETF during the 1st quarter worth about $515,000.

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA FLTR opened at $25.55 on Friday. The firm’s 50-day simple moving average is $25.52 and its 200 day simple moving average is $25.45. VanEck IG Floating Rate ETF has a 12-month low of $24.59 and a 12-month high of $25.59.

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.