Wealth Enhancement Advisory Services LLC Sells 25,585 Shares of VanEck IG Floating Rate ETF $FLTR

Wealth Enhancement Advisory Services LLC decreased its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 50.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,140 shares of the company’s stock after selling 25,585 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck IG Floating Rate ETF were worth $641,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of FLTR. Ameritas Advisory Services LLC bought a new position in VanEck IG Floating Rate ETF in the third quarter worth approximately $38,000. Tsfg LLC bought a new position in VanEck IG Floating Rate ETF in the third quarter worth approximately $39,000. Family Management Corp bought a new position in VanEck IG Floating Rate ETF in the third quarter worth approximately $45,000. CWM LLC raised its stake in VanEck IG Floating Rate ETF by 554.3% in 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 in the last quarter. Finally, Caitlin John LLC acquired a new position in shares of VanEck IG Floating Rate ETF during the third quarter worth $87,000.

VanEck IG Floating Rate ETF Stock Up 0.1%

Shares of FLTR stock opened at $25.44 on Thursday. The business’s fifty day simple moving average is $25.50 and its 200-day simple moving average is $25.50. VanEck IG Floating Rate ETF has a 12-month low of $24.85 and a 12-month high of $25.59.

VanEck IG Floating Rate ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.086 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

VanEck IG Floating Rate ETF Company 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.