Park Avenue Securities LLC Buys 6,937 Shares of VanEck IG Floating Rate ETF $FLTR

Park Avenue Securities LLC raised its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 49.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,042 shares of the company’s stock after acquiring an additional 6,937 shares during the period. Park Avenue Securities LLC’s holdings in VanEck IG Floating Rate ETF were worth $537,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FLTR. Mirador Capital Partners LP raised its holdings in shares of VanEck IG Floating Rate ETF by 4.6% in the 1st quarter. Mirador Capital Partners LP now owns 22,710 shares of the company’s stock valued at $580,000 after acquiring an additional 1,003 shares in the last quarter. Moller Wealth Partners raised its holdings in shares of VanEck IG Floating Rate ETF by 49.5% in the 1st quarter. Moller Wealth Partners now owns 30,657 shares of the company’s stock valued at $783,000 after acquiring an additional 10,153 shares in the last quarter. Milestone Asset Management LLC raised its holdings in shares of 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 acquiring an additional 1,155,985 shares in the last quarter. Capital Asset Advisory Services LLC purchased a new stake in shares of VanEck IG Floating Rate ETF in the 1st quarter valued at about $225,000. Finally, Matrix Trust Co purchased a new stake in shares of VanEck IG Floating Rate ETF in the 1st quarter valued at about $1,658,000.

VanEck IG Floating Rate ETF Stock Up 0.1%

NYSEARCA:FLTR opened at $25.56 on Monday. The business’s 50-day moving average price is $25.52 and its two-hundred day moving average price is $25.44. VanEck IG Floating Rate ETF has a twelve month low of $24.59 and a twelve month 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.