Demars Financial Group LLC Buys 54,717 Shares of VanEck IG Floating Rate ETF $FLTR

Demars Financial Group LLC raised its stake in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR) by 10.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 576,430 shares of the company’s stock after purchasing an additional 54,717 shares during the quarter. VanEck IG Floating Rate ETF accounts for about 4.8% of Demars Financial Group LLC’s investment portfolio, making the stock its 6th biggest position. Demars Financial Group LLC owned about 0.55% of VanEck IG Floating Rate ETF worth $14,687,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in FLTR. Goldman Sachs Group Inc. acquired a new stake in VanEck IG Floating Rate ETF during the first quarter worth about $1,969,000. JPMorgan Chase & Co. increased its stake in VanEck IG Floating Rate ETF by 53.2% during the second quarter. JPMorgan Chase & Co. now owns 52,140 shares of the company’s stock valued at $1,330,000 after acquiring an additional 18,103 shares during the period. Raymond James Financial Inc. raised its holdings in VanEck IG Floating Rate ETF by 5.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,680,949 shares of the company’s stock valued at $42,864,000 after acquiring an additional 81,597 shares in the last quarter. Vista Investment Management raised its holdings in VanEck IG Floating Rate ETF by 8.0% in the 2nd quarter. Vista Investment Management now owns 255,518 shares of the company’s stock valued at $6,516,000 after acquiring an additional 18,862 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of VanEck IG Floating Rate ETF by 53.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 512,181 shares of the company’s stock worth $12,851,000 after acquiring an additional 177,757 shares during the period.

VanEck IG Floating Rate ETF Stock Performance

Shares of FLTR stock opened at $25.55 on Thursday. VanEck IG Floating Rate ETF has a 12 month low of $25.34 and a 12 month high of $25.61. The stock has a 50 day moving average of $25.54 and a two-hundred day moving average of $25.51.

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.