ORBA Wealth Advisors L.L.C. purchased a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 94,807 shares of the company’s stock, valued at approximately $2,426,000. VanEck IG Floating Rate ETF comprises about 2.1% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 13th largest position. ORBA Wealth Advisors L.L.C. owned 0.07% of VanEck IG Floating Rate ETF at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Vima LLC bought a new position in shares of VanEck IG Floating Rate ETF during the third quarter valued at about $1,295,000. Andrew Hill Investment Advisors Inc. purchased a new stake in shares of VanEck IG Floating Rate ETF during the third quarter worth about $265,000. Demars Financial Group LLC purchased a new stake in shares of VanEck IG Floating Rate ETF during the third quarter worth about $18,350,000. Royal Fund Management LLC purchased a new stake in shares of VanEck IG Floating Rate ETF during the third quarter worth about $985,000. Finally, Brookstone Capital Management purchased a new stake in shares of VanEck IG Floating Rate ETF during the third quarter worth about $884,000.
VanEck IG Floating Rate ETF Price Performance
NYSEARCA FLTR opened at $25.56 on Friday. VanEck IG Floating Rate ETF has a 1 year low of $25.35 and a 1 year high of $25.61. The business’s 50-day moving average is $25.56 and its 200 day moving average is $25.54.
About VanEck IG Floating Rate ETF
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.
Recommended Stories
- Five stocks we like better than VanEck IG Floating Rate ETF
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Want to see what other hedge funds are holding FLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report).
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
