Insight Wealth Strategies LLC Acquires Shares of 1,105,715 VanEck IG Floating Rate ETF $FLTR

Insight Wealth Strategies LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,105,715 shares of the company’s stock, valued at approximately $28,229,000. VanEck IG Floating Rate ETF comprises 2.7% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 7th largest position. Insight Wealth Strategies LLC owned 0.99% of VanEck IG Floating Rate ETF at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. ORBA Wealth Advisors L.L.C. grew its position in VanEck IG Floating Rate ETF by 389.7% during the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 53,314 shares of the company’s stock worth $1,358,000 after purchasing an additional 42,427 shares during the last quarter. Keudell Morrison Wealth Management acquired a new stake in VanEck IG Floating Rate ETF during the 4th quarter worth approximately $1,249,000. Lane Brothers & Co. Inc. acquired a new position in shares of VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $15,002,000. Kensington Asset Management LLC raised its stake in shares of VanEck IG Floating Rate ETF by 20.6% during the fourth quarter. Kensington Asset Management LLC now owns 2,589,451 shares of the company’s stock worth $65,902,000 after purchasing an additional 442,359 shares during the last quarter. Finally, Systelligence LLC raised its stake in shares of VanEck IG Floating Rate ETF by 195.3% during the first quarter. Systelligence LLC now owns 45,829 shares of the company’s stock worth $1,168,000 after purchasing an additional 30,307 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Up 0.0%

Shares of NYSEARCA FLTR opened at $25.54 on Wednesday. The stock has a fifty day moving average price of $25.56 and a 200 day moving average price of $25.52. VanEck IG Floating Rate ETF has a 1-year low of $25.34 and a 1-year high of $25.61.

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.