41,822 Shares in VanEck IG Floating Rate ETF $FLTR Bought by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC purchased a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 41,822 shares of the company’s stock, valued at approximately $1,070,000.

Other large investors have also recently added to or reduced their stakes in the company. Whittier Trust Co. acquired a new position in VanEck IG Floating Rate ETF in the first quarter worth $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of VanEck IG Floating Rate ETF by 103.4% during the first 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 holdings in shares of VanEck IG Floating Rate ETF by 126.6% during the first 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. Allworth Financial LP lifted its position in shares of VanEck IG Floating Rate ETF by 182.9% in the 2nd quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock worth $58,000 after buying an additional 1,452 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of VanEck IG Floating Rate ETF by 130.0% in the 2nd quarter. NewEdge Advisors LLC now owns 4,600 shares of the company’s stock worth $118,000 after buying an additional 2,600 shares during the last quarter.

VanEck IG Floating Rate ETF Trading Down 0.0%

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

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.