Kestra Advisory Services LLC purchased a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the third quarter, Holdings Channel reports. The fund purchased 199,514 shares of the company’s stock, valued at approximately $5,106,000.
Several other institutional investors and hedge funds also recently modified their holdings of FLTR. Pinnacle Wealth Planning Services Inc. bought a new position in shares of VanEck IG Floating Rate ETF in the third quarter worth $78,831,000. Kensington Asset Management LLC raised its stake in shares of VanEck IG Floating Rate ETF by 15.4% during the first quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock valued at $76,169,000 after purchasing an additional 399,928 shares in the last quarter. Fusion Capital LLC bought a new stake in shares of VanEck IG Floating Rate ETF during the third quarter valued at about $43,729,000. Bank of America Corp DE raised its stake in shares of VanEck IG Floating Rate ETF by 7.9% during the first quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock valued at $43,185,000 after purchasing an additional 123,390 shares in the last quarter. Finally, Insight Wealth Strategies LLC bought a new stake in shares of VanEck IG Floating Rate ETF during the third quarter valued at about $29,143,000.
VanEck IG Floating Rate ETF Stock Up 0.0%
FLTR stock opened at $25.51 on Friday. The company has a 50-day simple moving average of $25.55 and a 200 day simple moving average of $25.53. VanEck IG Floating Rate ETF has a fifty-two week low of $25.35 and a fifty-two week high of $25.61.
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.
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Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report).
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