Envestnet Asset Management Inc. Has $17.66 Million Holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR)

Envestnet Asset Management Inc. raised its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 691,005 shares of the company’s stock after acquiring an additional 64,498 shares during the period. Envestnet Asset Management Inc. owned about 0.75% of VanEck IG Floating Rate ETF worth $17,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its position in shares of VanEck IG Floating Rate ETF by 12.6% in the first quarter. Janney Montgomery Scott LLC now owns 23,933 shares of the company’s stock valued at $612,000 after purchasing an additional 2,676 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of VanEck IG Floating Rate ETF by 22.2% in the 4th quarter. Bank of America Corp DE now owns 930,459 shares of the company’s stock valued at $23,680,000 after purchasing an additional 169,053 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of VanEck IG Floating Rate ETF by 41.2% in the 1st quarter. Oppenheimer & Co. Inc. now owns 49,873 shares of the company’s stock valued at $1,274,000 after acquiring an additional 14,551 shares during the last quarter. Comerica Bank lifted its stake in shares of VanEck IG Floating Rate ETF by 447.3% in the 4th quarter. Comerica Bank now owns 19,140 shares of the company’s stock valued at $487,000 after acquiring an additional 15,643 shares during the last quarter. Finally, Arete Wealth Advisors LLC raised its position in VanEck IG Floating Rate ETF by 1.9% during the 4th quarter. Arete Wealth Advisors LLC now owns 828,550 shares of the company’s stock worth $21,083,000 after purchasing an additional 15,603 shares during the last quarter.

VanEck IG Floating Rate ETF Trading Up 0.1%

Shares of VanEck IG Floating Rate ETF stock opened at $25.50 on Friday. The business has a 50-day moving average price of $25.43 and a two-hundred day moving average price of $25.43. VanEck IG Floating Rate ETF has a 1-year low of $24.59 and a 1-year high of $25.58.

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.