125,821 Shares in VanEck IG Floating Rate ETF $FLTR Bought by Bright Futures Wealth Management LLC.

Bright Futures Wealth Management LLC. bought a new position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 125,821 shares of the company’s stock, valued at approximately $3,217,000. VanEck IG Floating Rate ETF accounts for approximately 2.5% of Bright Futures Wealth Management LLC.’s holdings, making the stock its 6th largest position. Bright Futures Wealth Management LLC. owned 0.13% of VanEck IG Floating Rate ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FLTR. All Terrain Financial Advisors LLC raised its position in shares of VanEck IG Floating Rate ETF by 4.8% during the 2nd quarter. All Terrain Financial Advisors LLC now owns 179,894 shares of the company’s stock worth $4,587,000 after buying an additional 8,176 shares in the last quarter. Insigneo Advisory Services LLC raised its holdings in VanEck IG Floating Rate ETF by 4.2% during the second quarter. Insigneo Advisory Services LLC now owns 70,867 shares of the company’s stock worth $1,807,000 after purchasing an additional 2,850 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in VanEck IG Floating Rate ETF by 24.9% in the third quarter. Envestnet Asset Management Inc. now owns 411,424 shares of the company’s stock worth $10,520,000 after purchasing an additional 82,055 shares during the period. Geneos Wealth Management Inc. lifted its position in VanEck IG Floating Rate ETF by 20.0% in the second quarter. Geneos Wealth Management Inc. now owns 215,487 shares of the company’s stock worth $5,495,000 after purchasing an additional 35,967 shares during the period. Finally, Centurion Wealth Management LLC bought a new position in VanEck IG Floating Rate ETF during the 3rd quarter valued at $511,000.

VanEck IG Floating Rate ETF Price Performance

FLTR opened at $25.58 on Monday. The stock’s fifty day moving average is $25.53 and its 200-day moving average is $25.52. VanEck IG Floating Rate ETF has a one year low of $24.59 and a one year high of $25.59.

VanEck IG Floating Rate ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0947 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.4%.

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.