WESPAC Advisors LLC Acquires New Shares in VanEck IG Floating Rate ETF $FLTR

WESPAC Advisors LLC acquired a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,556 shares of the company’s stock, valued at approximately $1,166,000.

A number of other institutional investors also recently modified their holdings of FLTR. Insight Wealth Strategies LLC bought a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth $29,143,000. Demars Financial Group LLC bought a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth $18,350,000. White Pine Investment CO acquired a new stake in VanEck IG Floating Rate ETF in the 3rd quarter valued at $15,055,000. Kensington Asset Management LLC grew its position in VanEck IG Floating Rate ETF by 15.4% in the 1st quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock valued at $76,169,000 after purchasing an additional 399,928 shares during the period. Finally, AlphaStar Capital Management LLC acquired a new stake in VanEck IG Floating Rate ETF in the 3rd quarter valued at $8,709,000.

VanEck IG Floating Rate ETF Stock Performance

Shares of FLTR stock opened at $25.57 on Tuesday. The firm has a fifty day simple moving average of $25.56 and a two-hundred day simple moving average of $25.53. VanEck IG Floating Rate ETF has a 12 month low of $25.35 and a 12 month 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.