Fortis Capital Management LLC Buys Shares of 129,458 VanEck IG Floating Rate ETF $FLTR

Fortis Capital Management LLC acquired a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 129,458 shares of the company’s stock, valued at approximately $3,299,000.

A number of other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. acquired a new position in shares of VanEck IG Floating Rate ETF during the 1st quarter worth $25,000. CIBC Private Wealth Group LLC acquired a new stake in VanEck IG Floating Rate ETF in the 4th quarter valued at about $30,000. Assetmark Inc. increased its holdings in VanEck IG Floating Rate ETF by 126.6% during the 1st quarter. Assetmark Inc. now owns 1,659 shares of the company’s stock valued at $42,000 after acquiring an additional 927 shares in the last quarter. Family Management Corp purchased a new position in VanEck IG Floating Rate ETF during the 3rd quarter valued at about $45,000. Finally, Elevated Capital Advisors LLC acquired a new position in VanEck IG Floating Rate ETF during the fourth quarter worth about $54,000.

VanEck IG Floating Rate ETF Stock Performance

Shares of VanEck IG Floating Rate ETF stock opened at $25.58 on Wednesday. VanEck IG Floating Rate ETF has a 1 year low of $25.34 and a 1 year high of $25.61. The business has a 50 day moving average price of $25.55 and a 200 day moving average price of $25.52.

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.