VanEck IG Floating Rate ETF $FLTR Shares Sold by Sovran Advisors LLC

Sovran Advisors LLC cut its stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 22.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 94,820 shares of the company’s stock after selling 27,584 shares during the quarter. Sovran Advisors LLC owned about 0.09% of VanEck IG Floating Rate ETF worth $2,421,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FLTR. Goldman Sachs Group Inc. acquired a new stake in shares of VanEck IG Floating Rate ETF during the 1st quarter valued at approximately $1,969,000. JPMorgan Chase & Co. grew its holdings in shares of VanEck IG Floating Rate ETF by 53.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 52,140 shares of the company’s stock worth $1,330,000 after acquiring an additional 18,103 shares during the period. Raymond James Financial Inc. increased its stake in VanEck IG Floating Rate ETF by 5.1% in the 2nd 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 in the last quarter. Vista Investment Management increased its stake in VanEck IG Floating Rate ETF by 8.0% in the 2nd 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 in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in 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 worth $12,851,000 after purchasing an additional 177,757 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

VanEck IG Floating Rate ETF stock remained flat at $25.56 during trading hours on Friday. The company’s stock had a trading volume of 754,324 shares, compared to its average volume of 887,876. VanEck IG Floating Rate ETF has a 12 month low of $25.34 and a 12 month high of $25.61. The firm has a fifty day simple moving average of $25.54 and a two-hundred day simple moving average of $25.51.

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.