Systelligence LLC Has $1.17 Million Stake in VanEck IG Floating Rate ETF $FLTR

Systelligence LLC lifted its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 195.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,829 shares of the company’s stock after acquiring an additional 30,307 shares during the quarter. Systelligence LLC’s holdings in VanEck IG Floating Rate ETF were worth $1,168,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Virtue Capital Management LLC raised its stake in VanEck IG Floating Rate ETF by 13,805.5% in the 4th quarter. Virtue Capital Management LLC now owns 1,161,111 shares of the company’s stock valued at $29,597,000 after acquiring an additional 1,152,761 shares during the period. Lane Brothers & Co. Inc. bought a new position in VanEck IG Floating Rate ETF during the fourth quarter worth $15,002,000. Corient Private Wealth LLC bought a new position in VanEck IG Floating Rate ETF during the fourth quarter worth $11,647,000. Kensington Asset Management LLC increased its holdings in shares of VanEck IG Floating Rate ETF by 20.6% in the fourth quarter. Kensington Asset Management LLC now owns 2,589,451 shares of the company’s stock valued at $65,902,000 after purchasing an additional 442,359 shares during the last quarter. Finally, Elevatus Welath Management bought a new position in shares of VanEck IG Floating Rate ETF in the third quarter valued at about $11,199,000.

VanEck IG Floating Rate ETF Price Performance

Shares of FLTR opened at $25.59 on Friday. The company’s 50-day moving average is $25.53 and its 200-day moving average is $25.51. VanEck IG Floating Rate ETF has a fifty-two week low of $25.34 and a fifty-two week high of $25.59.

About VanEck IG Floating Rate ETF

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.