Willis Johnson & Associates Inc. Increases Position in iShares Floating Rate Bond ETF $FLOT

Willis Johnson & Associates Inc. increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.9% in the second quarter, HoldingsChannel.com reports. The fund owned 460,717 shares of the company’s stock after buying an additional 8,671 shares during the period. iShares Floating Rate Bond ETF comprises approximately 1.6% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 15th biggest holding. Willis Johnson & Associates Inc.’s holdings in iShares Floating Rate Bond ETF were worth $23,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 143.4% in the first quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in iShares Floating Rate Bond ETF in the second quarter valued at approximately $61,900,000. Royal Bank of Canada increased its holdings in iShares Floating Rate Bond ETF by 59.0% in the 1st quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock worth $120,058,000 after buying an additional 872,352 shares during the period. Liberty Wealth Management LLC raised its position in iShares Floating Rate Bond ETF by 6,492.9% during the 1st quarter. Liberty Wealth Management LLC now owns 707,418 shares of the company’s stock worth $36,114,000 after buying an additional 696,688 shares during the last quarter. Finally, Quadrature Capital Ltd lifted its stake in iShares Floating Rate Bond ETF by 15,997.2% during the 2nd quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock valued at $33,374,000 after acquiring an additional 650,127 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.2%

FLOT stock opened at $51.07 on Monday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The firm’s fifty day simple moving average is $50.97 and its 200-day simple moving average is $50.95.

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.