CWC Advisors LLC. Has $4.89 Million Position in VanEck IG Floating Rate ETF $FLTR

CWC Advisors LLC. reduced its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 26.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 191,175 shares of the company’s stock after selling 70,191 shares during the period. VanEck IG Floating Rate ETF comprises approximately 2.4% of CWC Advisors LLC.’s holdings, making the stock its 9th largest position. CWC Advisors LLC. owned approximately 0.19% of VanEck IG Floating Rate ETF worth $4,888,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bogart Wealth LLC raised its stake in shares of VanEck IG Floating Rate ETF by 48.3% in the second quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock worth $45,000 after purchasing an additional 570 shares during the last quarter. Western Wealth Management LLC increased its holdings in VanEck IG Floating Rate ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 41,563 shares of the company’s stock worth $1,060,000 after buying an additional 618 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its position in VanEck IG Floating Rate ETF by 3.7% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 25,715 shares of the company’s stock worth $657,000 after buying an additional 916 shares during the last quarter. Transce3nd LLC lifted its stake in VanEck IG Floating Rate ETF by 0.3% during the 2nd quarter. Transce3nd LLC now owns 266,696 shares of the company’s stock valued at $6,801,000 after acquiring an additional 925 shares during the period. Finally, Brookwood Investment Group LLC boosted its holdings in shares of VanEck IG Floating Rate ETF by 11.5% during the 2nd quarter. Brookwood Investment Group LLC now owns 9,514 shares of the company’s stock valued at $243,000 after acquiring an additional 984 shares during the last quarter.

VanEck IG Floating Rate ETF Stock Performance

Shares of FLTR stock opened at $25.52 on Friday. The company has a 50 day moving average price of $25.50 and a 200-day moving average price of $25.49. VanEck IG Floating Rate ETF has a 52 week low of $24.59 and a 52 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.