VanEck IG Floating Rate ETF $FLTR Stock Holdings Cut by UBS Group AG

UBS Group AG reduced its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,004,361 shares of the company’s stock after selling 28,040 shares during the period. UBS Group AG’s holdings in VanEck IG Floating Rate ETF were worth $25,591,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in shares of VanEck IG Floating Rate ETF during the 3rd quarter worth $38,000. Tsfg LLC purchased a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at $39,000. Family Management Corp purchased a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at $45,000. CWM LLC lifted its holdings in shares of VanEck IG Floating Rate ETF by 554.3% in the third quarter. CWM LLC now owns 1,819 shares of the company’s stock valued at $47,000 after purchasing an additional 1,541 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of VanEck IG Floating Rate ETF in the fourth quarter valued at $54,000.

VanEck IG Floating Rate ETF Stock Performance

FLTR opened at $25.50 on Monday. The stock has a fifty day moving average of $25.47 and a 200-day moving average of $25.50. VanEck IG Floating Rate ETF has a 12-month low of $25.34 and a 12-month high of $25.59.

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.