Kestra Advisory Services LLC Buys 199,514 Shares of VanEck IG Floating Rate ETF $FLTR

Kestra Advisory Services LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 199,514 shares of the company’s stock, valued at approximately $5,106,000. Kestra Advisory Services LLC owned about 0.14% of VanEck IG Floating Rate ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of VanEck IG Floating Rate ETF during the third quarter valued at $78,831,000. Kensington Asset Management LLC increased its holdings in shares of 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 worth $76,169,000 after acquiring an additional 399,928 shares during the period. Fusion Capital LLC acquired a new stake in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth about $43,729,000. Bank of America Corp DE increased its holdings in shares of VanEck IG Floating Rate ETF by 7.9% in the 1st quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock worth $43,185,000 after acquiring an additional 123,390 shares during the period. Finally, Insight Wealth Strategies LLC bought a new stake in VanEck IG Floating Rate ETF in the 3rd quarter valued at about $29,143,000.

VanEck IG Floating Rate ETF Price Performance

VanEck IG Floating Rate ETF stock opened at $25.51 on Friday. The firm has a 50-day moving average price of $25.55 and a two-hundred day moving average price of $25.53. VanEck IG Floating Rate ETF has a 52-week low of $25.35 and a 52-week high of $25.61.

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.