Jones Financial Companies Lllp Increases Position in VanEck IG Floating Rate ETF $FLTR

Jones Financial Companies Lllp lifted its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 80.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,290 shares of the company’s stock after acquiring an additional 51,984 shares during the period. Jones Financial Companies Lllp owned 0.12% of VanEck IG Floating Rate ETF worth $2,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ORBA Wealth Advisors L.L.C. acquired a new position in shares of VanEck IG Floating Rate ETF in the third quarter valued at about $278,000. Tidemark LLC increased its holdings in VanEck IG Floating Rate ETF by 4.7% in the 3rd quarter. Tidemark LLC now owns 112,677 shares of the company’s stock worth $2,881,000 after buying an additional 5,036 shares during the period. Howard Wealth Management LLC raised its position in VanEck IG Floating Rate ETF by 10.5% during the 3rd quarter. Howard Wealth Management LLC now owns 83,469 shares of the company’s stock worth $2,134,000 after buying an additional 7,914 shares during the last quarter. Sovran Advisors LLC lifted its stake in VanEck IG Floating Rate ETF by 52.0% during the 3rd quarter. Sovran Advisors LLC now owns 200,630 shares of the company’s stock valued at $5,128,000 after acquiring an additional 68,673 shares during the period. Finally, Acorn Wealth Advisors LLC boosted its holdings in shares of VanEck IG Floating Rate ETF by 8.2% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 11,195 shares of the company’s stock valued at $286,000 after acquiring an additional 853 shares during the last quarter.

VanEck IG Floating Rate ETF Trading Up 0.0%

NYSEARCA:FLTR opened at $25.53 on Friday. The company’s fifty day moving average price is $25.51 and its 200-day moving average price is $25.51. VanEck IG Floating Rate ETF has a 1-year low of $24.59 and a 1-year high of $25.59.

VanEck IG Floating Rate ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0947 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.