First Heartland Consultants Inc. Buys 26,605 Shares of VanEck IG Floating Rate ETF $FLTR

First Heartland Consultants Inc. grew its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 38.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,993 shares of the company’s stock after acquiring an additional 26,605 shares during the period. First Heartland Consultants Inc.’s holdings in VanEck IG Floating Rate ETF were worth $2,429,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FLTR. Pinnacle Wealth Planning Services Inc. increased its stake in VanEck IG Floating Rate ETF by 2.9% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 4,272,209 shares of the company’s stock valued at $108,941,000 after purchasing an additional 120,351 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of VanEck IG Floating Rate ETF by 5.1% during the second quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock valued at $42,864,000 after acquiring an additional 81,597 shares during the last quarter. Fusion Capital LLC raised its holdings in shares of VanEck IG Floating Rate ETF by 25.9% in the 3rd quarter. Fusion Capital LLC now owns 1,363,002 shares of the company’s stock worth $34,825,000 after purchasing an additional 280,560 shares during the period. Osaic Holdings Inc. lifted its position in shares of VanEck IG Floating Rate ETF by 5.5% during the 2nd quarter. Osaic Holdings Inc. now owns 789,080 shares of the company’s stock valued at $20,122,000 after buying an additional 40,821 shares during the last quarter. Finally, Twelve Points Wealth Management LLC raised its stake in VanEck IG Floating Rate ETF by 11.9% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 564,220 shares of the company’s stock valued at $14,427,000 after acquiring an additional 59,798 shares during the period.

VanEck IG Floating Rate ETF Price Performance

Shares of FLTR stock opened at $25.58 on Tuesday. VanEck IG Floating Rate ETF has a 1 year low of $24.59 and a 1 year high of $25.59. The company’s fifty day simple moving average is $25.53 and its two-hundred day simple moving average is $25.51.

VanEck IG Floating Rate ETF Cuts Dividend

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

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.