FAS Wealth Partners Inc. Has $9.30 Million Holdings in VanEck IG Floating Rate ETF $FLTR
by Sarita Garza · The Markets DailyFAS Wealth Partners Inc. increased its position in shares of VanEck IG Floating Rate ETF (NYSEARCA:FLTR – Free Report) by 5.8% in the 1st quarter, HoldingsChannel reports. The firm owned 364,993 shares of the company’s stock after acquiring an additional 19,930 shares during the quarter. FAS Wealth Partners Inc.’s holdings in VanEck IG Floating Rate ETF were worth $9,300,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. ORBA Wealth Advisors L.L.C. lifted its holdings in shares of VanEck IG Floating Rate ETF by 389.7% during the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 53,314 shares of the company’s stock worth $1,358,000 after acquiring an additional 42,427 shares during the period. Keudell Morrison Wealth Management acquired a new stake in shares of VanEck IG Floating Rate ETF during the 4th quarter worth approximately $1,249,000. Lane Brothers & Co. Inc. bought a new position in VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $15,002,000. Asset One Wealth Management LLC bought a new position in VanEck IG Floating Rate ETF in the fourth quarter valued at approximately $2,207,000. Finally, Kensington Asset Management LLC raised its position in VanEck IG Floating Rate ETF by 20.6% during the fourth quarter. Kensington Asset Management LLC now owns 2,589,451 shares of the company’s stock valued at $65,902,000 after purchasing an additional 442,359 shares in the last quarter.
VanEck IG Floating Rate ETF Stock Performance
NYSEARCA FLTR opened at $25.61 on Monday. The business has a fifty day moving average price of $25.56 and a two-hundred day moving average price of $25.52. VanEck IG Floating Rate ETF has a fifty-two week low of $25.34 and a fifty-two week high of $25.61.
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.
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