VanEck IG Floating Rate ETF $FLTR Stock Position Trimmed by Deutsche Bank AG

Deutsche Bank AG cut its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 9.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 77,693 shares of the company’s stock after selling 8,165 shares during the quarter. Deutsche Bank AG owned about 0.08% of VanEck IG Floating Rate ETF worth $1,985,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FLTR. Demars Financial Group LLC lifted its position in VanEck IG Floating Rate ETF by 132.0% in the 1st quarter. Demars Financial Group LLC now owns 12,550,406 shares of the company’s stock valued at $320,663,000 after purchasing an additional 7,141,038 shares during the last quarter. Ramiah Investment Group bought a new stake in VanEck IG Floating Rate ETF in the 1st quarter valued at about $44,616,000. Keudell Morrison Wealth Management bought a new stake in VanEck IG Floating Rate ETF in the 1st quarter valued at about $30,391,000. Milestone Asset Management LLC lifted its position in VanEck IG Floating Rate ETF by 1,321.0% in the 1st quarter. Milestone Asset Management LLC now owns 1,243,495 shares of the company’s stock valued at $31,771,000 after purchasing an additional 1,155,985 shares during the last quarter. Finally, LPL Financial LLC lifted its position in VanEck IG Floating Rate ETF by 22.9% in the 1st quarter. LPL Financial LLC now owns 3,779,799 shares of the company’s stock valued at $96,574,000 after purchasing an additional 705,037 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLTR opened at $25.55 on Friday. The company’s 50-day moving average price is $25.48 and its 200 day moving average price is $25.44. VanEck IG Floating Rate ETF has a fifty-two week low of $24.59 and a fifty-two week high of $25.59.

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.