Mezzasalma Advisors LLC Purchases New Stake in VanEck IG Floating Rate ETF $FLTR

Mezzasalma Advisors LLC acquired a new position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 31,278 shares of the company’s stock, valued at approximately $800,000.

Other large investors also recently added to or reduced their stakes in the company. Kensington Asset Management LLC grew its holdings in VanEck IG Floating Rate ETF by 15.4% in the 1st quarter. Kensington Asset Management LLC now owns 2,989,379 shares of the company’s stock valued at $76,169,000 after buying an additional 399,928 shares in the last quarter. Bank of America Corp DE increased 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 worth $43,185,000 after acquiring an additional 123,390 shares during the last quarter. Insight Wealth Strategies LLC acquired a new stake in shares of VanEck IG Floating Rate ETF in the 3rd quarter worth $29,143,000. Lane Brothers & Co. Inc. raised 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. Finally, Demars Financial Group LLC raised its holdings in shares of VanEck IG Floating Rate ETF by 10.5% during the 1st quarter. Demars Financial Group LLC now owns 576,430 shares of the company’s stock worth $14,687,000 after acquiring an additional 54,717 shares during the period.

VanEck IG Floating Rate ETF Trading Up 0.0%

Shares of FLTR stock traded up $0.01 on Wednesday, hitting $25.55. 1,262,154 shares of the stock traded hands, compared to its average volume of 1,073,196. The firm’s 50-day moving average price is $25.56 and its two-hundred day moving average price is $25.53. VanEck IG Floating Rate ETF has a twelve month low of $25.35 and a twelve month 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.