WealthPLAN Partners LLC Lowers Stock Position in VanEck IG Floating Rate ETF $FLTR

WealthPLAN Partners LLC trimmed its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 18.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,859 shares of the company’s stock after selling 22,322 shares during the quarter. WealthPLAN Partners LLC’s holdings in VanEck IG Floating Rate ETF were worth $2,442,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its holdings in VanEck IG Floating Rate ETF by 0.8% during the fourth quarter. Wells Fargo & Company MN now owns 4,539,629 shares of the company’s stock valued at $115,670,000 after purchasing an additional 37,828 shares in the last quarter. Kensington Asset Management LLC increased its stake in shares of VanEck IG Floating Rate ETF by 20.6% in the fourth quarter. Kensington Asset Management LLC now owns 2,589,451 shares of the company’s stock worth $65,902,000 after purchasing an additional 442,359 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of VanEck IG Floating Rate ETF by 11.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,880,084 shares of the company’s stock valued at $48,074,000 after purchasing an additional 199,135 shares during the period. Bank of America Corp DE raised its position in shares of VanEck IG Floating Rate ETF by 27.4% during the 3rd quarter. Bank of America Corp DE now owns 1,481,675 shares of the company’s stock valued at $37,886,000 after purchasing an additional 318,361 shares during the period. Finally, Fusion Capital LLC lifted its stake in shares of VanEck IG Floating Rate ETF by 3.6% during the 4th quarter. Fusion Capital LLC now owns 1,412,133 shares of the company’s stock valued at $35,981,000 after buying an additional 49,131 shares in the last quarter.

VanEck IG Floating Rate ETF Stock Up 0.0%

Shares of VanEck IG Floating Rate ETF stock opened at $25.55 on Wednesday. The company has a fifty day moving average of $25.54 and a 200 day moving average of $25.51. VanEck IG Floating Rate ETF has a fifty-two week low of $25.34 and a fifty-two week high of $25.61.

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.