VanEck IG Floating Rate ETF $FLTR is Virtue Capital Management LLC’s 2nd Largest Position

Virtue Capital Management LLC decreased its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 6.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,106,403 shares of the company’s stock after selling 77,412 shares during the quarter. VanEck IG Floating Rate ETF accounts for about 5.2% of Virtue Capital Management LLC’s holdings, making the stock its 2nd largest holding. Virtue Capital Management LLC owned 1.14% of VanEck IG Floating Rate ETF worth $28,213,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Balanced Rock Investment Advisors LLC increased its position in shares of VanEck IG Floating Rate ETF by 2.6% in the first quarter. Balanced Rock Investment Advisors LLC now owns 17,873 shares of the company’s stock valued at $457,000 after buying an additional 458 shares in the last quarter. Tidemark LLC lifted its holdings in VanEck IG Floating Rate ETF by 0.5% during the first quarter. Tidemark LLC now owns 108,213 shares of the company’s stock valued at $2,765,000 after purchasing an additional 536 shares in the last quarter. Bogart Wealth LLC raised its position in shares of VanEck IG Floating Rate ETF by 48.3% during the 2nd quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock worth $45,000 after purchasing an additional 570 shares during the last quarter. Western Wealth Management LLC lifted its stake in VanEck IG Floating Rate ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 41,563 shares of the company’s stock valued at $1,060,000 after buying an additional 618 shares in the last quarter. Finally, WealthPLAN Partners LLC lifted its stake in VanEck IG Floating Rate ETF by 0.4% in the 1st quarter. WealthPLAN Partners LLC now owns 178,556 shares of the company’s stock valued at $4,562,000 after buying an additional 685 shares in the last quarter.

VanEck IG Floating Rate ETF Stock Performance

NYSEARCA:FLTR opened at $25.54 on Friday. VanEck IG Floating Rate ETF has a 12 month low of $24.59 and a 12 month high of $25.59. The stock has a 50 day moving average of $25.51 and a two-hundred day moving average of $25.49.

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.