VanEck IG Floating Rate ETF $FLTR Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC lowered its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,563,379 shares of the company’s stock after selling 185,349 shares during the period. Wealthfront Advisers LLC owned approximately 4.37% of VanEck IG Floating Rate ETF worth $116,275,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new stake in shares of VanEck IG Floating Rate ETF in the first quarter valued at about $1,969,000. JPMorgan Chase & Co. lifted its position in VanEck IG Floating Rate ETF by 53.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 52,140 shares of the company’s stock worth $1,330,000 after acquiring an additional 18,103 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in VanEck IG Floating Rate ETF by 5.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock worth $42,864,000 after acquiring an additional 81,597 shares during the period. Vista Investment Management boosted its holdings in VanEck IG Floating Rate ETF by 8.0% in the 2nd quarter. Vista Investment Management now owns 255,518 shares of the company’s stock worth $6,516,000 after acquiring an additional 18,862 shares during the period. Finally, Ameriprise Financial Inc. grew its position in VanEck IG Floating Rate ETF by 53.2% in the second quarter. Ameriprise Financial Inc. now owns 512,181 shares of the company’s stock valued at $12,851,000 after acquiring an additional 177,757 shares in the last quarter.

VanEck IG Floating Rate ETF Stock Up 0.0%

FLTR opened at $25.56 on Thursday. The company has a fifty day simple moving average of $25.54 and a 200 day simple moving average of $25.51. VanEck IG Floating Rate ETF has a twelve month low of $25.34 and a twelve month 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.