Wrapmanager Inc. raised its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 12.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,359 shares of the company’s stock after acquiring an additional 7,029 shares during the quarter. Wrapmanager Inc.’s holdings in iShares Floating Rate Bond ETF were worth $3,284,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the company. Tompkins Financial Corp purchased a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at $25,000. NorthRock Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF by 269.5% during the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock valued at $27,000 after acquiring an additional 380 shares in the last quarter. SYM FINANCIAL Corp acquired a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at about $37,000. TFC Financial Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter worth about $40,000. Finally, SVB Wealth LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth about $43,000.
iShares Floating Rate Bond ETF Trading Down 0.1%
BATS:FLOT opened at $50.95 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The business’s 50-day simple moving average is $50.96 and its 200 day simple moving average is $50.94.
iShares Floating Rate Bond ETF Profile
The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.
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