KFA Private Wealth Group LLC bought a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, Holdings Channel reports. The fund bought 207,307 shares of the company’s stock, valued at approximately $5,305,000. VanEck IG Floating Rate ETF comprises 1.3% of KFA Private Wealth Group LLC’s portfolio, making the stock its 17th largest position.
A number of other hedge funds have also recently made changes to their positions in FLTR. Silvia Mccoll Wealth Management LLC bought a new position in shares of VanEck IG Floating Rate ETF in the third quarter worth $792,000. Eastern Bank bought a new stake in VanEck IG Floating Rate ETF during the third quarter valued at $123,000. NewEdge Advisors LLC boosted its stake in VanEck IG Floating Rate ETF by 130.0% during the second quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock valued at $118,000 after buying an additional 2,600 shares during the period. IFP Advisors Inc grew its position in VanEck IG Floating Rate ETF by 32.6% during the second quarter. IFP Advisors Inc now owns 50,812 shares of the company’s stock worth $1,301,000 after buying an additional 12,501 shares in the last quarter. Finally, Allworth Financial LP grew its position in VanEck IG Floating Rate ETF by 182.9% during the second quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock worth $58,000 after buying an additional 1,452 shares in the last quarter.
VanEck IG Floating Rate ETF Price Performance
NYSEARCA FLTR traded up $0.01 during trading on Wednesday, reaching $25.53. The company’s stock had a trading volume of 2,340,139 shares, compared to its average volume of 1,053,903. The firm has a fifty day moving average of $25.56 and a 200 day moving average of $25.53. VanEck IG Floating Rate ETF has a one year low of $25.34 and a one year high of $25.61.
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.
See Also
- Five stocks we like better than VanEck IG Floating Rate ETF
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
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).
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
