Allworth Financial LP Buys 797 Shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR)

Allworth Financial LP grew its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 308.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,055 shares of the company’s stock after purchasing an additional 797 shares during the period. Allworth Financial LP’s holdings in VanEck IG Floating Rate ETF were worth $27,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its stake in shares of VanEck IG Floating Rate ETF by 12.6% during the first quarter. Janney Montgomery Scott LLC now owns 23,933 shares of the company’s stock valued at $612,000 after acquiring an additional 2,676 shares during the last quarter. Bank of America Corp DE increased its stake in VanEck IG Floating Rate ETF by 22.2% in the fourth 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. increased its stake in VanEck IG Floating Rate ETF by 41.2% in the first quarter. Oppenheimer & Co. Inc. now owns 49,873 shares of the company’s stock valued at $1,274,000 after purchasing an additional 14,551 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of VanEck IG Floating Rate ETF by 10.3% during the first quarter. Envestnet Asset Management Inc. now owns 691,005 shares of the company’s stock valued at $17,655,000 after buying an additional 64,498 shares during the last quarter. Finally, Comerica Bank grew its holdings in shares of VanEck IG Floating Rate ETF by 447.3% during the fourth quarter. Comerica Bank now owns 19,140 shares of the company’s stock valued at $487,000 after buying an additional 15,643 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

VanEck IG Floating Rate ETF stock opened at $25.50 on Friday. VanEck IG Floating Rate ETF has a fifty-two week low of $24.59 and a fifty-two week high of $25.58. The firm’s 50-day simple moving average is $25.44 and its 200 day simple moving average is $25.44.

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.