VanEck IG Floating Rate ETF $FLTR Shares Purchased by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC grew its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 12.0% during the 4th quarter, HoldingsChannel reports. The firm owned 283,680 shares of the company’s stock after buying an additional 30,457 shares during the period. Destiny Wealth Partners LLC’s holdings in VanEck IG Floating Rate ETF were worth $7,251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. AlphaStar Capital Management LLC boosted its stake in VanEck IG Floating Rate ETF by 10.7% during the 4th quarter. AlphaStar Capital Management LLC now owns 260,339 shares of the company’s stock worth $6,633,000 after purchasing an additional 25,071 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in VanEck IG Floating Rate ETF by 17.8% during the 4th quarter. Benjamin Edwards Inc. now owns 12,816 shares of the company’s stock worth $327,000 after purchasing an additional 1,932 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in VanEck IG Floating Rate ETF by 1.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 63,764 shares of the company’s stock worth $1,625,000 after purchasing an additional 662 shares during the last quarter. North Star Investment Management Corp. boosted its stake in VanEck IG Floating Rate ETF by 16.8% during the 4th quarter. North Star Investment Management Corp. now owns 76,716 shares of the company’s stock worth $1,955,000 after purchasing an additional 11,029 shares during the last quarter. Finally, Howard Wealth Management LLC boosted its stake in VanEck IG Floating Rate ETF by 16.6% during the 4th quarter. Howard Wealth Management LLC now owns 97,341 shares of the company’s stock worth $2,480,000 after purchasing an additional 13,872 shares during the last quarter.

VanEck IG Floating Rate ETF Price Performance

Shares of FLTR opened at $25.48 on Wednesday. VanEck IG Floating Rate ETF has a 52-week low of $25.32 and a 52-week high of $25.59. The firm’s fifty day moving average is $25.48 and its two-hundred day moving average is $25.50.

VanEck IG Floating Rate ETF Company 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.