Pension & Wealth Management Advisors Inc. Makes New $6.03 Million Investment in VanEck IG Floating Rate ETF $FLTR

Pension & Wealth Management Advisors Inc. acquired a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 235,752 shares of the company’s stock, valued at approximately $6,033,000. VanEck IG Floating Rate ETF comprises about 1.4% of Pension & Wealth Management Advisors Inc.’s investment portfolio, making the stock its 13th largest position. Pension & Wealth Management Advisors Inc. owned about 0.17% of VanEck IG Floating Rate ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Liberty Square Wealth Partners LLC increased its position in shares of VanEck IG Floating Rate ETF by 1.2% during the 1st quarter. Liberty Square Wealth Partners LLC now owns 41,287 shares of the company’s stock valued at $1,052,000 after purchasing an additional 508 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of VanEck IG Floating Rate ETF by 103.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock worth $26,000 after purchasing an additional 516 shares during the period. Assetmark Inc. raised its stake in shares of VanEck IG Floating Rate ETF by 126.6% during the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock worth $42,000 after purchasing an additional 927 shares during the period. KFA Private Wealth Group LLC boosted its holdings in shares of VanEck IG Floating Rate ETF by 0.5% in the 1st quarter. KFA Private Wealth Group LLC now owns 193,780 shares of the company’s stock worth $4,938,000 after buying an additional 960 shares during the last quarter. Finally, Whittier Trust Co. purchased a new position in shares of VanEck IG Floating Rate ETF in the 1st quarter worth about $25,000.

VanEck IG Floating Rate ETF Price Performance

Shares of NYSEARCA:FLTR traded down $0.01 during midday trading on Friday, reaching $25.55. The company had a trading volume of 2,371,954 shares, compared to its average volume of 1,084,727. The company’s 50 day moving average price is $25.56 and its 200 day moving average price is $25.54. VanEck IG Floating Rate ETF has a 52-week low of $25.35 and a 52-week high of $25.61.

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.