Vima LLC Makes New Investment in VanEck IG Floating Rate ETF $FLTR

Vima LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 50,603 shares of the company’s stock, valued at approximately $1,295,000. VanEck IG Floating Rate ETF makes up approximately 1.3% of Vima LLC’s investment portfolio, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kensington Asset Management LLC boosted its stake in VanEck IG Floating Rate ETF by 15.4% during the first quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock worth $76,169,000 after buying an additional 399,928 shares in the last quarter. Bank of America Corp DE raised its stake in shares of VanEck IG Floating Rate ETF by 7.9% in the 1st quarter. Bank of America Corp DE now owns 1,694,850 shares of the company’s stock valued at $43,185,000 after buying an additional 123,390 shares in the last quarter. Insight Wealth Strategies LLC acquired a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter valued at $29,143,000. Demars Financial Group LLC acquired a new position in shares of VanEck IG Floating Rate ETF in the 3rd quarter valued at $18,350,000. Finally, Lane Brothers & Co. Inc. lifted its holdings in shares of VanEck IG Floating Rate ETF by 5.6% during the 1st quarter. Lane Brothers & Co. Inc. now owns 621,858 shares of the company’s stock worth $15,845,000 after acquiring an additional 33,070 shares during the period.

VanEck IG Floating Rate ETF Trading Down 0.0%

Shares of VanEck IG Floating Rate ETF stock opened at $25.56 on Friday. The firm’s 50-day simple moving average is $25.56 and its 200-day simple moving average is $25.54. VanEck IG Floating Rate ETF has a twelve month low of $25.35 and a twelve month high of $25.61.

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.