VanEck IG Floating Rate ETF $FLTR Shares Sold by Concord Asset Management LLC VA

Concord Asset Management LLC VA trimmed its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 61.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,973 shares of the company’s stock after selling 28,337 shares during the quarter. Concord Asset Management LLC VA’s holdings in VanEck IG Floating Rate ETF were worth $460,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wealthfront Advisers LLC boosted 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 buying an additional 3,329,539 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of VanEck IG Floating Rate ETF by 2.9% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 4,272,209 shares of the company’s stock worth $108,941,000 after acquiring an additional 120,351 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of 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 during the period. Fusion Capital LLC increased its holdings in VanEck IG Floating Rate ETF by 25.9% in the 3rd quarter. Fusion Capital LLC now owns 1,363,002 shares of the company’s stock valued at $34,825,000 after purchasing an additional 280,560 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in VanEck IG Floating Rate ETF by 5.5% in the 2nd quarter. Osaic Holdings Inc. now owns 789,080 shares of the company’s stock valued at $20,122,000 after purchasing an additional 40,821 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

NYSEARCA:FLTR opened at $25.53 on Friday. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.59. The stock’s fifty day moving average is $25.51 and its two-hundred day moving average is $25.51.

VanEck IG Floating Rate ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0947 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

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.