Deseret Mutual Benefit Administrators Has $8.61 Million Holdings in VanEck IG Floating Rate ETF $FLTR

Deseret Mutual Benefit Administrators lowered its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 35.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 337,995 shares of the company’s stock after selling 188,804 shares during the period. VanEck IG Floating Rate ETF accounts for 3.7% of Deseret Mutual Benefit Administrators’ investment portfolio, making the stock its 4th largest position. Deseret Mutual Benefit Administrators’ holdings in VanEck IG Floating Rate ETF were worth $8,612,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. lifted its holdings in shares of VanEck IG Floating Rate ETF by 11.8% during the third quarter. Raymond James Financial Inc. now owns 1,880,084 shares of the company’s stock valued at $48,074,000 after purchasing an additional 199,135 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of VanEck IG Floating Rate ETF by 27.4% during the third quarter. Bank of America Corp DE now owns 1,481,675 shares of the company’s stock valued at $37,886,000 after purchasing an additional 318,361 shares during the last quarter. Fusion Capital LLC lifted its holdings in shares of VanEck IG Floating Rate ETF by 3.6% during the fourth quarter. Fusion Capital LLC now owns 1,412,133 shares of the company’s stock valued at $35,981,000 after purchasing an additional 49,131 shares during the last quarter. Twelve Points Wealth Management LLC lifted its holdings in shares of VanEck IG Floating Rate ETF by 33.3% during the fourth quarter. Twelve Points Wealth Management LLC now owns 751,841 shares of the company’s stock valued at $19,172,000 after purchasing an additional 187,621 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of VanEck IG Floating Rate ETF by 24.1% during the third quarter. Ameriprise Financial Inc. now owns 635,758 shares of the company’s stock valued at $16,256,000 after purchasing an additional 123,577 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Up 0.0%

Shares of NYSEARCA FLTR opened at $25.51 on Friday. VanEck IG Floating Rate ETF has a 12 month low of $25.34 and a 12 month high of $25.59. The business has a fifty day simple moving average of $25.49 and a 200-day simple moving average of $25.50.

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.