Envestnet Asset Management Inc. Buys 82,055 Shares of VanEck IG Floating Rate ETF $FLTR

Envestnet Asset Management Inc. lifted its position in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 24.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 411,424 shares of the company’s stock after acquiring an additional 82,055 shares during the period. Envestnet Asset Management Inc.’s holdings in VanEck IG Floating Rate ETF were worth $10,520,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management raised its holdings in VanEck IG Floating Rate ETF by 1,058.0% in the second quarter. Spire Wealth Management now owns 1,297 shares of the company’s stock worth $33,000 after purchasing an additional 1,185 shares during the period. Tsfg LLC bought a new stake in shares of VanEck IG Floating Rate ETF in the 3rd quarter valued at $39,000. Bogart Wealth LLC raised its stake in VanEck IG Floating Rate ETF by 48.3% during the 2nd quarter. Bogart Wealth LLC now owns 1,749 shares of the company’s stock worth $45,000 after buying an additional 570 shares during the period. CWM LLC lifted its holdings in VanEck IG Floating Rate ETF by 554.3% during the third quarter. CWM LLC now owns 1,819 shares of the company’s stock worth $47,000 after acquiring an additional 1,541 shares in the last quarter. Finally, Sheets Smith Wealth Management bought a new position in VanEck IG Floating Rate ETF during the third quarter worth about $205,000.

VanEck IG Floating Rate ETF Stock Performance

Shares of VanEck IG Floating Rate ETF stock opened at $25.56 on Thursday. The business has a 50-day moving average of $25.52 and a two-hundred day moving average of $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 declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.0947 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, February 2nd.

VanEck IG Floating Rate ETF 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.