Yanni & Associates Investment Advisors LLC Takes $3.04 Million Position in VanEck IG Floating Rate ETF $FLTR

Yanni & Associates Investment Advisors LLC acquired a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 119,386 shares of the company’s stock, valued at approximately $3,042,000. VanEck IG Floating Rate ETF comprises about 3.0% of Yanni & Associates Investment Advisors LLC’s holdings, making the stock its 11th biggest holding.

Several other large investors also recently modified their holdings of FLTR. Goldman Sachs Group Inc. bought a new stake in shares of VanEck IG Floating Rate ETF in the first quarter worth about $1,969,000. JPMorgan Chase & Co. lifted its holdings in VanEck IG Floating Rate ETF by 53.2% in the second quarter. JPMorgan Chase & Co. now owns 52,140 shares of the company’s stock worth $1,330,000 after buying an additional 18,103 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of VanEck IG Floating Rate ETF by 5.1% during the second quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock valued at $42,864,000 after purchasing an additional 81,597 shares during the last quarter. Vista Investment Management lifted its holdings in shares of VanEck IG Floating Rate ETF by 8.0% during the second quarter. Vista Investment Management now owns 255,518 shares of the company’s stock valued at $6,516,000 after purchasing an additional 18,862 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of VanEck IG Floating Rate ETF by 53.2% during the second quarter. Ameriprise Financial Inc. now owns 512,181 shares of the company’s stock valued at $12,851,000 after purchasing an additional 177,757 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA FLTR opened at $25.52 on Tuesday. VanEck IG Floating Rate ETF has a twelve month low of $25.34 and a twelve month high of $25.59. The company has a 50 day moving average of $25.47 and a 200 day moving average of $25.50.

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.