Fortune Financial Group Inc. purchased a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 79,287 shares of the company’s stock, valued at approximately $2,234,000. VanEck IG Floating Rate ETF comprises 2.3% of Fortune Financial Group Inc.’s investment portfolio, making the stock its 13th biggest holding. Fortune Financial Group Inc. owned about 0.08% of VanEck IG Floating Rate ETF at the end of the most recent quarter.
Several other large investors have also modified their holdings of FLTR. Ameritas Advisory Services LLC purchased a new stake in shares of VanEck IG Floating Rate ETF during the third quarter worth approximately $38,000. Family Management Corp purchased a new position in VanEck IG Floating Rate ETF in the third quarter worth $45,000. Elevated Capital Advisors LLC purchased a new position in VanEck IG Floating Rate ETF in the fourth quarter worth $54,000. Private Trust Co. NA raised its position in VanEck IG Floating Rate ETF by 84.6% in the fourth quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock worth $55,000 after acquiring an additional 993 shares in the last quarter. Finally, Caitlin John LLC purchased a new position in VanEck IG Floating Rate ETF in the third quarter worth $87,000.
VanEck IG Floating Rate ETF Trading Down 0.0%
NYSEARCA:FLTR opened at $25.52 on Thursday. The stock has a fifty day moving average price of $25.50 and a two-hundred day moving average price of $25.50. VanEck IG Floating Rate ETF has a 1 year low of $25.34 and a 1 year 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.
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