Madden Advisory Services Inc. Acquires 2,092 Shares of VanEck IG Floating Rate ETF $FLTR

Madden Advisory Services Inc. lifted its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,105 shares of the company’s stock after buying an additional 2,092 shares during the period. VanEck IG Floating Rate ETF comprises 1.2% of Madden Advisory Services Inc.’s holdings, making the stock its 26th largest holding. Madden Advisory Services Inc.’s holdings in VanEck IG Floating Rate ETF were worth $2,859,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Demars Financial Group LLC increased its holdings in shares of VanEck IG Floating Rate ETF by 132.0% in the 1st quarter. Demars Financial Group LLC now owns 12,550,406 shares of the company’s stock worth $320,663,000 after buying an additional 7,141,038 shares during the last quarter. Pinnacle Wealth Planning Services Inc. increased its holdings in shares of VanEck IG Floating Rate ETF by 7.6% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 4,151,858 shares of the company’s stock worth $106,080,000 after buying an additional 294,026 shares during the last quarter. LPL Financial LLC grew its holdings in VanEck IG Floating Rate ETF by 22.9% during the 1st quarter. LPL Financial LLC now owns 3,779,799 shares of the company’s stock valued at $96,574,000 after purchasing an additional 705,037 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in VanEck IG Floating Rate ETF by 10.7% during the 1st quarter. Wealthfront Advisers LLC now owns 1,829,550 shares of the company’s stock valued at $46,745,000 after purchasing an additional 176,223 shares during the last quarter. Finally, Ramiah Investment Group bought a new position in VanEck IG Floating Rate ETF during the 1st quarter valued at about $44,616,000.

VanEck IG Floating Rate ETF Trading Up 0.0%

Shares of NYSEARCA:FLTR opened at $25.49 on Wednesday. VanEck IG Floating Rate ETF has a 12 month low of $24.59 and a 12 month high of $25.59. The firm’s 50-day moving average is $25.51 and its 200 day moving average is $25.44.

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.