IFG Advisory LLC Raises Holdings in VanEck Floating Rate ETF (NYSEARCA:FLTR)

IFG Advisory LLC lifted its stake in VanEck Floating Rate ETF (NYSEARCA:FLTR) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,677 shares of the company’s stock after buying an additional 663 shares during the quarter. IFG Advisory LLC owned approximately 0.09% of VanEck Floating Rate ETF worth $998,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of FLTR. Raymond James Financial Services Advisors Inc. boosted its position in VanEck Floating Rate ETF by 14.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 38,431 shares of the company’s stock worth $967,000 after purchasing an additional 4,959 shares in the last quarter. Raymond James & Associates boosted its position in VanEck Floating Rate ETF by 6.2% during the fourth quarter. Raymond James & Associates now owns 159,277 shares of the company’s stock worth $4,006,000 after purchasing an additional 9,294 shares in the last quarter. Insight Wealth Strategies LLC boosted its position in VanEck Floating Rate ETF by 13.0% during the fourth quarter. Insight Wealth Strategies LLC now owns 879,389 shares of the company’s stock worth $22,117,000 after purchasing an additional 101,174 shares in the last quarter. Brookstone Capital Management purchased a new position in VanEck Floating Rate ETF during the fourth quarter worth approximately $488,000. Finally, Dynamic Advisor Solutions LLC boosted its position in VanEck Floating Rate ETF by 29.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 41,534 shares of the company’s stock worth $1,045,000 after purchasing an additional 9,521 shares in the last quarter.

VanEck Floating Rate ETF Trading Up 0.1 %

Shares of FLTR stock opened at $25.49 on Thursday. The business’s 50 day moving average is $25.38 and its two-hundred day moving average is $25.26. VanEck Floating Rate ETF has a 12-month low of $24.76 and a 12-month high of $25.50.

VanEck 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.