VanEck IG Floating Rate ETF $FLTR Stock Holdings Trimmed by Wealthfront Advisers LLC

Wealthfront Advisers LLC reduced its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,563,379 shares of the company’s stock after selling 185,349 shares during the quarter. Wealthfront Advisers LLC’s holdings in VanEck IG Floating Rate ETF were worth $116,275,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new stake in shares of VanEck IG Floating Rate ETF during the first quarter worth $1,969,000. JPMorgan Chase & Co. lifted its position 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 buying an additional 18,103 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of 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 buying an additional 81,597 shares during the period. Vista Investment Management boosted its holdings in shares of 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 buying an additional 18,862 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of VanEck IG Floating Rate ETF by 53.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 512,181 shares of the company’s stock valued at $12,851,000 after buying an additional 177,757 shares during the period.

VanEck IG Floating Rate ETF Stock Up 0.0%

Shares of NYSEARCA:FLTR opened at $25.56 on Thursday. VanEck IG Floating Rate ETF has a fifty-two week low of $25.34 and a fifty-two week high of $25.61. The firm has a 50-day simple moving average of $25.54 and a 200 day simple moving average of $25.51.

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.