Smith Partners Wealth Management LLC acquired a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 159,576 shares of the company’s stock, valued at approximately $4,084,000. VanEck IG Floating Rate ETF makes up about 3.0% of Smith Partners Wealth Management LLC’s holdings, making the stock its 8th biggest position.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FLTR. Ashton Thomas Private Wealth LLC bought a new position in VanEck IG Floating Rate ETF during the 3rd quarter worth $25,000. EverSource Wealth Advisors LLC lifted its holdings in shares of VanEck IG Floating Rate ETF by 103.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock worth $26,000 after buying an additional 516 shares in the last quarter. Heritage Family Offices LLP bought a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at about $32,000. Assetmark Inc. boosted its position in shares of VanEck IG Floating Rate ETF by 126.6% in the first quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock valued at $42,000 after acquiring an additional 927 shares during the period. Finally, Signature Equity Partners LLC acquired a new position in shares of VanEck IG Floating Rate ETF in the third quarter valued at about $45,000.
VanEck IG Floating Rate ETF Stock Performance
FLTR stock opened at $25.50 on Thursday. The company’s 50-day simple moving average is $25.55 and its 200 day simple moving average is $25.53. VanEck IG Floating Rate ETF has a 52 week low of $25.35 and a 52 week high of $25.61.
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.
Further Reading
- Five stocks we like better than VanEck IG Floating Rate ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report).
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
