KFA Private Wealth Group LLC purchased a new stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 207,307 shares of the company’s stock, valued at approximately $5,305,000. VanEck IG Floating Rate ETF comprises 1.3% of KFA Private Wealth Group LLC’s portfolio, making the stock its 17th biggest position. KFA Private Wealth Group LLC owned 0.15% of VanEck IG Floating Rate ETF at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Insight Wealth Strategies LLC purchased a new position in VanEck IG Floating Rate ETF in the second quarter worth $28,229,000. Lane Brothers & Co. Inc. purchased a new stake in shares of VanEck IG Floating Rate ETF during the 4th quarter valued at $15,002,000. Corient Private Wealth LLC purchased a new stake in shares of VanEck IG Floating Rate ETF during the 4th quarter valued at $11,647,000. Kensington Asset Management LLC increased its position in shares of VanEck IG Floating Rate ETF by 20.6% during the 4th quarter. Kensington Asset Management LLC now owns 2,589,451 shares of the company’s stock valued at $65,902,000 after purchasing an additional 442,359 shares during the last quarter. Finally, Compass Financial Management LLC bought a new stake in shares of VanEck IG Floating Rate ETF during the 2nd quarter worth $8,171,000.
VanEck IG Floating Rate ETF Price Performance
Shares of NYSEARCA:FLTR traded up $0.01 during midday trading on Wednesday, reaching $25.53. The company had a trading volume of 2,340,139 shares, compared to its average volume of 1,053,903. The company’s 50 day moving average price is $25.56 and its 200 day moving average price is $25.53. VanEck IG Floating Rate ETF has a 52-week low of $25.34 and a 52-week high of $25.61.
About VanEck IG Floating Rate ETF
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.
See Also
- Five stocks we like better than VanEck IG Floating Rate ETF
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Receive News & Ratings for VanEck IG Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck IG Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
