VanEck IG Floating Rate ETF $FLTR Position Cut by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC trimmed its stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 21.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 331,628 shares of the company’s stock after selling 88,289 shares during the quarter. WealthPlan Investment Management LLC owned approximately 0.33% of VanEck IG Floating Rate ETF worth $8,450,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in FLTR. Envestnet Asset Management Inc. raised its stake in shares of VanEck IG Floating Rate ETF by 24.9% during the third quarter. Envestnet Asset Management Inc. now owns 411,424 shares of the company’s stock valued at $10,520,000 after purchasing an additional 82,055 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of VanEck IG Floating Rate ETF by 80.8% during the third quarter. Jones Financial Companies Lllp now owns 116,290 shares of the company’s stock valued at $2,972,000 after purchasing an additional 51,984 shares in the last quarter. Fusion Capital LLC raised its stake in shares of VanEck IG Floating Rate ETF by 25.9% during the third quarter. Fusion Capital LLC now owns 1,363,002 shares of the company’s stock valued at $34,825,000 after purchasing an additional 280,560 shares in the last quarter. Parsons Capital Management Inc. RI raised its stake in shares of VanEck IG Floating Rate ETF by 12.4% during the fourth quarter. Parsons Capital Management Inc. RI now owns 469,311 shares of the company’s stock valued at $11,958,000 after purchasing an additional 51,736 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC raised its stake in shares of VanEck IG Floating Rate ETF by 55.3% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 62,460 shares of the company’s stock valued at $1,597,000 after purchasing an additional 22,245 shares in the last quarter.

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA FLTR opened at $25.54 on Friday. VanEck IG Floating Rate ETF has a fifty-two week low of $25.34 and a fifty-two week high of $25.59. The firm’s 50-day simple moving average is $25.47 and its 200 day simple moving average is $25.50.

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.