VanEck IG Floating Rate ETF $FLTR is Vista Investment Management’s 7th Largest Position

Vista Investment Management grew its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 11.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 285,182 shares of the company’s stock after acquiring an additional 29,664 shares during the quarter. VanEck IG Floating Rate ETF comprises approximately 2.5% of Vista Investment Management’s portfolio, making the stock its 7th biggest position. Vista Investment Management owned approximately 0.28% of VanEck IG Floating Rate ETF worth $7,292,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FLTR. Spire Wealth Management raised its position in VanEck IG Floating Rate ETF by 1,058.0% in the 2nd quarter. Spire Wealth Management now owns 1,297 shares of the company’s stock valued at $33,000 after purchasing an additional 1,185 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in VanEck IG Floating Rate ETF in the third quarter valued at $38,000. Tsfg LLC purchased a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at about $39,000. Bogart Wealth LLC raised its holdings in shares of VanEck IG Floating Rate ETF by 48.3% in the second quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock valued at $45,000 after buying an additional 570 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of VanEck IG Floating Rate ETF by 554.3% during the third quarter. CWM LLC now owns 1,819 shares of the company’s stock worth $47,000 after buying an additional 1,541 shares during the period.

VanEck IG Floating Rate ETF Price Performance

NYSEARCA FLTR opened at $25.55 on Wednesday. VanEck IG Floating Rate ETF has a 52-week low of $24.59 and a 52-week high of $25.59. The business’s 50-day moving average price is $25.52 and its 200 day moving average price is $25.51.

VanEck IG Floating Rate ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.0947 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.