Corient Private Wealth LLC Invests $11.65 Million in VanEck IG Floating Rate ETF $FLTR

Corient Private Wealth LLC bought a new stake in VanEck IG Floating Rate ETF (NYSEARCA:FLTR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 457,087 shares of the company’s stock, valued at approximately $11,647,000. Corient Private Wealth LLC owned about 0.46% of VanEck IG Floating Rate ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. CIBC Private Wealth Group LLC acquired a new position in VanEck IG Floating Rate ETF during the fourth quarter worth approximately $30,000. Family Management Corp acquired a new stake in shares of VanEck IG Floating Rate ETF in the third quarter valued at approximately $45,000. Elevated Capital Advisors LLC acquired a new stake in shares of VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $54,000. Private Trust Co. NA boosted its holdings in shares of VanEck IG Floating Rate ETF by 84.6% in the fourth quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock valued at $55,000 after acquiring an additional 993 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of VanEck IG Floating Rate ETF during the third quarter worth approximately $87,000.

VanEck IG Floating Rate ETF Stock Performance

Shares of FLTR opened at $25.57 on Wednesday. The company’s 50 day simple moving average is $25.52 and its 200-day simple moving average is $25.51. VanEck IG Floating Rate ETF has a 12-month low of $25.34 and a 12-month high of $25.59.

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.