North Star Investment Management Corp. Has $3.30 Million Position in VanEck IG Floating Rate ETF $FLTR

North Star Investment Management Corp. grew its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 68.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,365 shares of the company’s stock after acquiring an additional 52,649 shares during the period. North Star Investment Management Corp.’s holdings in VanEck IG Floating Rate ETF were worth $3,296,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Parsons Capital Management Inc. RI grew its holdings in VanEck IG Floating Rate ETF by 12.4% during the fourth quarter. Parsons Capital Management Inc. RI now owns 469,311 shares of the company’s stock worth $11,958,000 after purchasing an additional 51,736 shares during the period. Prevail Innovative Wealth Advisors LLC increased its position in VanEck IG Floating Rate ETF by 55.3% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 62,460 shares of the company’s stock worth $1,597,000 after buying an additional 22,245 shares during the last quarter. Keudell Morrison Wealth Management bought a new stake in VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $1,249,000. Elevatus Welath Management bought a new stake in VanEck IG Floating Rate ETF in the third quarter valued at approximately $11,199,000. Finally, Corient Private Wealth LLC acquired a new stake in shares of VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $11,647,000.

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA FLTR opened at $25.59 on Monday. VanEck IG Floating Rate ETF has a 12 month low of $25.34 and a 12 month high of $25.59. The stock has a 50 day moving average of $25.53 and a 200-day moving average of $25.51.

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.