321,834 Shares of iShares Floating Rate Bond ETF $FLOT Acquired by Sigma Planning Corp

Sigma Planning Corp purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 321,834 shares of the company’s stock, valued at approximately $16,430,000.

Other institutional investors have also modified their holdings of the company. Evolution Wealth Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter worth approximately $25,000. Tompkins Financial Corp bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $25,000. NFSG Corp bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $50,000. Global Assets Advisory LLC purchased a new stake in iShares Floating Rate Bond ETF during the first quarter valued at approximately $75,000. Finally, Wellington Grp LLC purchased a new stake in iShares Floating Rate Bond ETF during the first quarter valued at approximately $75,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.97 on Monday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08. The company has a 50 day moving average of $50.97 and a two-hundred day moving average of $50.96.

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.