Orange Investment Advisors Inc. Buys 13,436 Shares of iShares Floating Rate Bond ETF $FLOT

Orange Investment Advisors Inc. increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.8% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 165,725 shares of the company’s stock after purchasing an additional 13,436 shares during the period. Orange Investment Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $8,466,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Jane Street Group LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 1,308.4% in the first quarter. Jane Street Group LLC now owns 232,325 shares of the company’s stock worth $11,860,000 after buying an additional 215,829 shares in the last quarter. Calton & Associates Inc. grew its stake in iShares Floating Rate Bond ETF by 34.5% during the first quarter. Calton & Associates Inc. now owns 17,304 shares of the company’s stock valued at $883,000 after acquiring an additional 4,439 shares in the last quarter. Weitzel Financial Services Inc. increased its holdings in iShares Floating Rate Bond ETF by 0.6% during the 1st quarter. Weitzel Financial Services Inc. now owns 81,998 shares of the company’s stock worth $4,168,000 after acquiring an additional 515 shares during the period. Royal Bank of Canada lifted its stake 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 purchasing an additional 872,352 shares in the last quarter. Finally, Flputnam Investment Management Co. boosted its holdings in iShares Floating Rate Bond ETF by 3.0% in the 1st quarter. Flputnam Investment Management Co. now owns 1,182,988 shares of the company’s stock valued at $60,392,000 after purchasing an additional 34,243 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $50.82 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The company has a fifty day moving average price of $50.94 and a 200-day moving average price of $50.95.

About iShares Floating Rate Bond ETF

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.