Keudell Morrison Wealth Management Makes New $1.25 Million Investment in VanEck IG Floating Rate ETF $FLTR

Keudell Morrison Wealth Management acquired a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTRFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 49,023 shares of the company’s stock, valued at approximately $1,249,000.

Several other hedge funds have also bought and sold shares of the stock. Axxcess Wealth Management LLC purchased a new stake in VanEck IG Floating Rate ETF in the 4th quarter worth approximately $215,000. Global Retirement Partners LLC boosted its position in VanEck IG Floating Rate ETF by 7.0% in the 4th quarter. Global Retirement Partners LLC now owns 84,602 shares of the company’s stock worth $2,156,000 after purchasing an additional 5,561 shares in the last quarter. IFP Advisors Inc boosted its position in VanEck IG Floating Rate ETF by 18.2% in the 4th quarter. IFP Advisors Inc now owns 18,147 shares of the company’s stock worth $462,000 after purchasing an additional 2,792 shares in the last quarter. Yanni & Associates Investment Advisors LLC purchased a new stake in VanEck IG Floating Rate ETF in the 4th quarter worth approximately $3,042,000. Finally, Trevian Wealth Management LLC purchased a new stake in VanEck IG Floating Rate ETF in the 4th quarter worth approximately $429,000.

VanEck IG Floating Rate ETF Trading Up 0.0%

Shares of NYSEARCA:FLTR opened at $25.56 on Friday. VanEck IG Floating Rate ETF has a 1 year low of $25.34 and a 1 year high of $25.59. The business’s 50 day moving average price is $25.48 and its 200-day moving average price is $25.50.

About VanEck IG Floating Rate ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck IG Floating Rate ETF (NYSEARCA:FLTR)

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