Fusion Capital LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,708,837 shares of the company’s stock, valued at approximately $43,729,000. VanEck IG Floating Rate ETF accounts for about 9.6% of Fusion Capital LLC’s portfolio, making the stock its biggest position. Fusion Capital LLC owned 1.19% of VanEck IG Floating Rate ETF at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of FLTR. Liberty Square Wealth Partners LLC lifted its holdings in VanEck IG Floating Rate ETF by 1.2% during the 1st quarter. Liberty Square Wealth Partners LLC now owns 41,287 shares of the company’s stock worth $1,052,000 after buying an additional 508 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in VanEck IG Floating Rate ETF by 103.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock valued at $26,000 after buying an additional 516 shares in the last quarter. Assetmark Inc. boosted its stake in VanEck IG Floating Rate ETF by 126.6% in the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock worth $42,000 after purchasing an additional 927 shares during the period. Whittier Trust Co. acquired a new position in shares of VanEck IG Floating Rate ETF during the 1st quarter worth about $25,000. Finally, Avior Wealth Management LLC increased its stake in shares of VanEck IG Floating Rate ETF by 6.5% during the 2nd quarter. Avior Wealth Management LLC now owns 16,460 shares of the company’s stock worth $422,000 after purchasing an additional 1,011 shares during the last quarter.
VanEck IG Floating Rate ETF Price Performance
FLTR stock opened at $25.57 on Friday. The company has a fifty day moving average price of $25.56 and a two-hundred day moving average price of $25.53. VanEck IG Floating Rate ETF has a one year low of $25.35 and a one year high of $25.61.
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.
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