Blue Trust Inc. Increases Holdings in VanEck IG Floating Rate ETF $FLTR

Blue Trust Inc. lifted its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 140.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,835 shares of the company’s stock after buying an additional 36,100 shares during the period. Blue Trust Inc.’s holdings in VanEck IG Floating Rate ETF were worth $1,577,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Balanced Rock Investment Advisors LLC raised its holdings in shares of VanEck IG Floating Rate ETF by 2.6% during the 1st quarter. Balanced Rock Investment Advisors LLC now owns 17,873 shares of the company’s stock valued at $457,000 after buying an additional 458 shares in the last quarter. Tidemark LLC increased its stake in shares of VanEck IG Floating Rate ETF by 0.5% during the first quarter. Tidemark LLC now owns 108,213 shares of the company’s stock valued at $2,765,000 after buying an additional 536 shares during the period. Western Wealth Management LLC increased its stake in shares of VanEck IG Floating Rate ETF by 1.6% during the first quarter. Western Wealth Management LLC now owns 40,945 shares of the company’s stock valued at $1,046,000 after buying an additional 630 shares during the period. WealthPLAN Partners LLC increased its stake in shares of VanEck IG Floating Rate ETF by 0.4% during the first quarter. WealthPLAN Partners LLC now owns 178,556 shares of the company’s stock valued at $4,562,000 after buying an additional 685 shares during the period. Finally, Allworth Financial LP increased its stake in shares of VanEck IG Floating Rate ETF by 308.9% during the first quarter. Allworth Financial LP now owns 1,055 shares of the company’s stock valued at $27,000 after buying an additional 797 shares during the period.

VanEck IG Floating Rate ETF Stock Performance

NYSEARCA FLTR opened at $25.48 on Friday. VanEck IG Floating Rate ETF has a twelve month low of $24.59 and a twelve month high of $25.59. The stock’s 50 day moving average is $25.51 and its 200 day moving average is $25.44.

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.