VanEck IG Floating Rate ETF $FLTR Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lessened its holdings in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 7.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,591 shares of the company’s stock after selling 2,000 shares during the period. Integrated Wealth Concepts LLC’s holdings in VanEck IG Floating Rate ETF were worth $654,000 at the end of the most recent reporting period.

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

VanEck IG Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLTR opened at $25.49 on Friday. The company’s fifty day moving average price is $25.50 and its 200 day moving average price is $25.44. VanEck IG Floating Rate ETF has a 12 month low of $24.59 and a 12 month high of $25.59.

VanEck IG Floating Rate ETF Company 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.