Focus Financial Network Inc. acquired a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 326,802 shares of the company’s stock, valued at approximately $8,363,000. Focus Financial Network Inc. owned about 0.24% of VanEck IG Floating Rate ETF at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Kensington Asset Management LLC grew its holdings in VanEck IG Floating Rate ETF by 15.4% during the 1st quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock worth $76,169,000 after acquiring an additional 399,928 shares during the last quarter. Bank of America Corp DE increased its position in VanEck IG Floating Rate ETF by 7.9% in the 1st quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock valued at $43,185,000 after acquiring an additional 123,390 shares during the period. Insight Wealth Strategies LLC bought a new position in shares of VanEck IG Floating Rate ETF during the third quarter valued at $29,143,000. Lane Brothers & Co. Inc. raised its stake in shares of VanEck IG Floating Rate ETF by 5.6% during the first quarter. Lane Brothers & Co. Inc. now owns 621,858 shares of the company’s stock valued at $15,845,000 after acquiring an additional 33,070 shares during the last quarter. Finally, Demars Financial Group LLC raised its stake in shares of VanEck IG Floating Rate ETF by 10.5% during the first quarter. Demars Financial Group LLC now owns 576,430 shares of the company’s stock valued at $14,687,000 after acquiring an additional 54,717 shares during the last quarter.
VanEck IG Floating Rate ETF Stock Performance
Shares of NYSEARCA:FLTR opened at $25.54 on Wednesday. The firm’s fifty day moving average is $25.56 and its 200-day 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
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
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.
