Concord Asset Management LLC VA Buys 28,892 Shares of VanEck IG Floating Rate ETF $FLTR

Concord Asset Management LLC VA lifted its stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 165.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,310 shares of the company’s stock after acquiring an additional 28,892 shares during the period. Concord Asset Management LLC VA’s holdings in VanEck IG Floating Rate ETF were worth $1,181,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Demars Financial Group LLC raised its stake in shares of VanEck IG Floating Rate ETF by 132.0% in the 1st quarter. Demars Financial Group LLC now owns 12,550,406 shares of the company’s stock valued at $320,663,000 after acquiring an additional 7,141,038 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its stake in shares of VanEck IG Floating Rate ETF by 7.6% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 4,151,858 shares of the company’s stock valued at $106,080,000 after acquiring an additional 294,026 shares in the last quarter. LPL Financial LLC grew its holdings in VanEck IG Floating Rate ETF by 22.9% in the 1st quarter. LPL Financial LLC now owns 3,779,799 shares of the company’s stock valued at $96,574,000 after buying an additional 705,037 shares during the last quarter. Wealthfront Advisers LLC increased its position in VanEck IG Floating Rate ETF by 10.7% in the 1st quarter. Wealthfront Advisers LLC now owns 1,829,550 shares of the company’s stock worth $46,745,000 after buying an additional 176,223 shares during the period. Finally, Ramiah Investment Group bought a new position in VanEck IG Floating Rate ETF in the 1st quarter worth approximately $44,616,000.

VanEck IG Floating Rate ETF Price Performance

FLTR opened at $25.48 on Monday. VanEck IG Floating Rate ETF has a 1-year low of $24.59 and a 1-year high of $25.59. The business has a 50 day moving average of $25.51 and a 200-day moving average of $25.44.

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.