Corient Private Wealth LLC Invests $11.65 Million in VanEck IG Floating Rate ETF $FLTR

Corient Private Wealth LLC purchased a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 457,087 shares of the company’s stock, valued at approximately $11,647,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Integrated Advisors Network LLC raised its stake in VanEck IG Floating Rate ETF by 2.8% during the 4th quarter. Integrated Advisors Network LLC now owns 19,250 shares of the company’s stock valued at $490,000 after acquiring an additional 530 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of VanEck IG Floating Rate ETF by 1.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 63,764 shares of the company’s stock valued at $1,625,000 after purchasing an additional 662 shares during the last quarter. Silvia Mccoll Wealth Management LLC grew its stake in shares of VanEck IG Floating Rate ETF by 2.3% in the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 31,686 shares of the company’s stock valued at $807,000 after purchasing an additional 718 shares during the last quarter. MGB Wealth Management LLC increased its holdings in shares of VanEck IG Floating Rate ETF by 9.2% in the third quarter. MGB Wealth Management LLC now owns 8,682 shares of the company’s stock valued at $222,000 after purchasing an additional 735 shares during the period. Finally, JT Stratford LLC increased its holdings in shares of VanEck IG Floating Rate ETF by 4.8% in the third quarter. JT Stratford LLC now owns 16,509 shares of the company’s stock valued at $422,000 after purchasing an additional 759 shares during the period.

VanEck IG Floating Rate ETF Stock Performance

VanEck IG Floating Rate ETF stock opened at $25.57 on Wednesday. VanEck IG Floating Rate ETF has a 12 month low of $25.34 and a 12 month high of $25.59. The business has a 50 day simple moving average of $25.52 and a 200-day simple moving average of $25.51.

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.