North Star Investment Management Corp. Makes New Investment in VanEck IG Floating Rate ETF $FLTR

North Star Investment Management Corp. acquired a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the 3rd quarter, Holdings Channel reports. The firm acquired 158,026 shares of the company’s stock, valued at approximately $4,044,000.

A number of other institutional investors and hedge funds have also made changes to their positions in FLTR. Whittier Trust Co. purchased a new position in shares of VanEck IG Floating Rate ETF in the 1st quarter worth $25,000. EverSource Wealth Advisors LLC raised its position in shares of VanEck IG Floating Rate ETF by 103.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,015 shares of the company’s stock valued at $26,000 after buying an additional 516 shares in the last quarter. Assetmark Inc. raised its position in shares of VanEck IG Floating Rate ETF by 126.6% during the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock valued at $42,000 after buying an additional 927 shares in the last quarter. Allworth Financial LP raised its position in shares of VanEck IG Floating Rate ETF by 182.9% during the 2nd quarter. Allworth Financial LP now owns 2,246 shares of the company’s stock valued at $58,000 after buying an additional 1,452 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings 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 valued at $118,000 after acquiring an additional 2,600 shares during the last quarter.

VanEck IG Floating Rate ETF Price Performance

Shares of NYSEARCA:FLTR opened at $25.57 on Thursday. VanEck IG Floating Rate ETF has a 12 month low of $25.35 and a 12 month high of $25.61. The company has a 50-day moving average price of $25.56 and a 200 day moving average price of $25.53.

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.