717,093 Shares in VanEck IG Floating Rate ETF $FLTR Purchased by Demars Financial Group LLC

Demars Financial Group LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 717,093 shares of the company’s stock, valued at approximately $18,350,000. VanEck IG Floating Rate ETF makes up 4.8% of Demars Financial Group LLC’s portfolio, making the stock its 5th largest holding. Demars Financial Group LLC owned about 0.52% of VanEck IG Floating Rate ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Insight Wealth Strategies LLC acquired a new position in VanEck IG Floating Rate ETF during the 3rd quarter worth approximately $29,143,000. White Pine Investment CO acquired a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at approximately $15,055,000. Kensington Asset Management LLC raised its holdings in shares of VanEck IG Floating Rate ETF by 15.4% in the first quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock valued at $76,169,000 after purchasing an additional 399,928 shares during the last quarter. AlphaStar Capital Management LLC acquired a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at approximately $8,709,000. Finally, Focus Financial Network Inc. acquired a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at approximately $8,363,000.

VanEck IG Floating Rate ETF Price Performance

Shares of FLTR stock opened at $25.57 on Friday. The company’s fifty day simple moving average is $25.56 and its 200-day simple moving average is $25.54. VanEck IG Floating Rate ETF has a 12 month low of $25.35 and a 12 month high of $25.61.

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.