Fusion Capital LLC Increases Position in VanEck IG Floating Rate ETF $FLTR

Fusion Capital LLC grew its stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,412,133 shares of the company’s stock after purchasing an additional 49,131 shares during the period. VanEck IG Floating Rate ETF makes up 10.1% of Fusion Capital LLC’s investment portfolio, making the stock its largest holding. Fusion Capital LLC’s holdings in VanEck IG Floating Rate ETF were worth $35,981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Benjamin Edwards Inc. boosted its stake in VanEck IG Floating Rate ETF by 4.8% during the third quarter. Benjamin Edwards Inc. now owns 10,884 shares of the company’s stock worth $278,000 after acquiring an additional 498 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in VanEck IG Floating Rate ETF by 1.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 63,764 shares of the company’s stock worth $1,625,000 after acquiring an additional 662 shares in the last quarter. Silvia Mccoll Wealth Management LLC boosted its stake in VanEck IG Floating Rate ETF by 2.3% during the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 31,686 shares of the company’s stock worth $807,000 after acquiring an additional 718 shares in the last quarter. MGB Wealth Management LLC boosted its stake in VanEck IG Floating Rate ETF by 9.2% during the third quarter. MGB Wealth Management LLC now owns 8,682 shares of the company’s stock worth $222,000 after acquiring an additional 735 shares in the last quarter. Finally, JT Stratford LLC boosted its stake in VanEck IG Floating Rate ETF by 4.8% during the third quarter. JT Stratford LLC now owns 16,509 shares of the company’s stock worth $422,000 after acquiring an additional 759 shares in the last quarter.

VanEck IG Floating Rate ETF Price Performance

NYSEARCA:FLTR opened at $25.50 on Tuesday. VanEck IG Floating Rate ETF has a one year low of $25.34 and a one year high of $25.59. The company’s 50-day simple moving average is $25.47 and its 200 day simple moving average is $25.50.

VanEck IG Floating Rate ETF Company 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.