Private Advisory Group LLC Purchases 176,839 Shares of VanEck IG Floating Rate ETF $FLTR

Private Advisory Group LLC bought a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the third quarter, HoldingsChannel.com reports. The firm bought 176,839 shares of the company’s stock, valued at approximately $4,525,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter valued at approximately $78,831,000. Kensington Asset Management LLC increased its stake in VanEck IG Floating Rate ETF by 15.4% in the 1st quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock valued at $76,169,000 after buying an additional 399,928 shares during the last quarter. Fusion Capital LLC bought a new stake in VanEck IG Floating Rate ETF during the third quarter worth about $43,729,000. Bank of America Corp DE raised its stake in shares of VanEck IG Floating Rate ETF by 7.9% during the 1st quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock worth $43,185,000 after purchasing an additional 123,390 shares in the last quarter. Finally, Insight Wealth Strategies LLC acquired a new stake in VanEck IG Floating Rate ETF in the third quarter valued at $29,143,000.

VanEck IG Floating Rate ETF Trading Up 0.0%

VanEck IG Floating Rate ETF stock opened at $25.51 on Friday. VanEck IG Floating Rate ETF has a 52 week low of $25.35 and a 52 week high of $25.61. The stock has a 50-day simple moving average of $25.55 and a 200 day simple moving average 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.