Moloney Securities Asset Management LLC Sells 4,500 Shares of VanEck IG Floating Rate ETF $FLTR

Moloney Securities Asset Management LLC cut its stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 21.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,109 shares of the company’s stock after selling 4,500 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in VanEck IG Floating Rate ETF were worth $411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Brookstone Capital Management increased its stake in shares of VanEck IG Floating Rate ETF by 22.2% in the 2nd quarter. Brookstone Capital Management now owns 17,810 shares of the company’s stock valued at $454,000 after acquiring an additional 3,241 shares during the last quarter. Bogart Wealth LLC raised its holdings in VanEck IG Floating Rate ETF by 48.3% during the 2nd quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock worth $45,000 after buying an additional 570 shares during the period. Koshinski Asset Management Inc. raised its holdings in VanEck IG Floating Rate ETF by 29.9% during the 2nd quarter. Koshinski Asset Management Inc. now owns 26,154 shares of the company’s stock worth $667,000 after buying an additional 6,014 shares during the period. Harbor Asset Planning Inc. acquired a new stake in VanEck IG Floating Rate ETF during the 2nd quarter worth approximately $711,000. Finally, WealthPlan Investment Management LLC raised its holdings in VanEck IG Floating Rate ETF by 17.2% during the 2nd quarter. WealthPlan Investment Management LLC now owns 404,710 shares of the company’s stock worth $10,320,000 after buying an additional 59,394 shares during the period.

VanEck IG Floating Rate ETF Stock Performance

Shares of FLTR stock opened at $25.55 on Friday. The company’s 50 day moving average price is $25.52 and its two-hundred day moving average price is $25.45. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 week high of $25.59.

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.