ORBA Wealth Advisors L.L.C. lifted its stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 389.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,314 shares of the company’s stock after acquiring an additional 42,427 shares during the quarter. VanEck IG Floating Rate ETF comprises approximately 1.2% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 27th largest position. ORBA Wealth Advisors L.L.C. owned about 0.05% of VanEck IG Floating Rate ETF worth $1,358,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in FLTR. Ameritas Advisory Services LLC acquired a new position in VanEck IG Floating Rate ETF during the third quarter valued at approximately $38,000. Tsfg LLC acquired a new stake in shares of VanEck IG Floating Rate ETF in the third quarter worth $39,000. Family Management Corp bought a new stake in shares of VanEck IG Floating Rate ETF during the 3rd quarter worth $45,000. CWM LLC grew its stake in VanEck IG Floating Rate ETF by 554.3% in the 3rd quarter. CWM LLC now owns 1,819 shares of the company’s stock valued at $47,000 after buying an additional 1,541 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in VanEck IG Floating Rate ETF in the 4th quarter worth $54,000.
VanEck IG Floating Rate ETF Stock Down 0.0%
Shares of NYSEARCA:FLTR opened at $25.51 on Friday. The stock’s 50-day moving average is $25.47 and its 200-day moving average is $25.50. VanEck IG Floating Rate ETF has a 52-week low of $25.34 and a 52-week high of $25.59.
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.
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