Geneos Wealth Management Inc. Has $5.50 Million Stock Position in VanEck IG Floating Rate ETF $FLTR

Geneos Wealth Management Inc. increased its holdings in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 20.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,487 shares of the company’s stock after acquiring an additional 35,967 shares during the period. Geneos Wealth Management Inc. owned about 0.22% of VanEck IG Floating Rate ETF worth $5,495,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wealthfront Advisers LLC raised its stake in shares of VanEck IG Floating Rate ETF by 182.0% in the second quarter. Wealthfront Advisers LLC now owns 5,159,089 shares of the company’s stock worth $131,557,000 after purchasing an additional 3,329,539 shares during the last quarter. Raymond James Financial Inc. raised its position in VanEck IG Floating Rate ETF by 58.6% in the 1st quarter. Raymond James Financial Inc. now owns 1,599,352 shares of the company’s stock valued at $40,863,000 after buying an additional 591,153 shares during the last quarter. Jane Street Group LLC bought a new position in VanEck IG Floating Rate ETF during the 1st quarter valued at $10,991,000. Keudell Morrison Wealth Management boosted its holdings in VanEck IG Floating Rate ETF by 35.3% during the 2nd quarter. Keudell Morrison Wealth Management now owns 1,609,862 shares of the company’s stock worth $41,051,000 after acquiring an additional 420,374 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its holdings in shares of VanEck IG Floating Rate ETF by 465.9% in the second quarter. Redhawk Wealth Advisors Inc. now owns 365,516 shares of the company’s stock valued at $9,321,000 after purchasing an additional 300,922 shares during the last quarter.

VanEck IG Floating Rate ETF Price Performance

FLTR opened at $25.49 on Monday. The company’s 50-day moving average is $25.50 and its 200 day moving average is $25.49. VanEck IG Floating Rate ETF has a fifty-two week low of $24.59 and a fifty-two week 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.