VanEck IG Floating Rate ETF $FLTR Shares Bought by Sovran Advisors LLC

Sovran Advisors LLC lifted its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 52.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 200,630 shares of the company’s stock after buying an additional 68,673 shares during the period. Sovran Advisors LLC’s holdings in VanEck IG Floating Rate ETF were worth $5,128,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC increased its stake in VanEck IG Floating Rate ETF by 182.0% during the second quarter. Wealthfront Advisers LLC now owns 5,159,089 shares of the company’s stock worth $131,557,000 after acquiring an additional 3,329,539 shares during the last quarter. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of VanEck IG Floating Rate ETF by 2.9% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 4,272,209 shares of the company’s stock worth $108,941,000 after purchasing an additional 120,351 shares during the period. Raymond James Financial Inc. increased its position in VanEck IG Floating Rate ETF by 5.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock worth $42,864,000 after purchasing an additional 81,597 shares in the last quarter. Keudell Morrison Wealth Management raised its holdings in VanEck IG Floating Rate ETF by 35.3% in the second quarter. Keudell Morrison Wealth Management now owns 1,609,862 shares of the company’s stock valued at $41,051,000 after buying an additional 420,374 shares during the period. Finally, Fusion Capital LLC lifted its position in VanEck IG Floating Rate ETF by 3.5% during the second quarter. Fusion Capital LLC now owns 1,082,442 shares of the company’s stock valued at $27,602,000 after buying an additional 36,537 shares in the last quarter.

VanEck IG Floating Rate ETF Stock Performance

NYSEARCA:FLTR opened at $25.55 on Monday. The firm’s fifty day simple moving average is $25.50 and its 200 day simple moving average is $25.51. VanEck IG Floating Rate ETF has a twelve month low of $24.59 and a twelve month high of $25.59.

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.