RKL Wealth Management LLC acquired a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,906 shares of the company’s stock, valued at approximately $586,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Opal Wealth Advisors LLC bought a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth $1,070,000. Pension & Wealth Management Advisors Inc. bought a new stake in VanEck IG Floating Rate ETF in the 3rd quarter worth $6,033,000. Milestone Asset Management LLC purchased a new stake in VanEck IG Floating Rate ETF in the 3rd quarter worth approximately $1,197,000. White Pine Investment CO purchased a new position in VanEck IG Floating Rate ETF during the 3rd quarter valued at $15,055,000. Finally, WealthPLAN Partners LLC purchased a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter valued at approximately $1,180,000.
VanEck IG Floating Rate ETF Trading Down 0.0%
NYSEARCA FLTR traded down $0.01 during trading hours on Friday, reaching $25.55. 2,371,954 shares of the company’s stock traded hands, compared to its average volume of 1,084,727. VanEck IG Floating Rate ETF has a 52-week low of $25.35 and a 52-week high of $25.61. The firm has a 50-day simple moving average of $25.56 and a 200 day simple moving average of $25.54.
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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