iShares Floating Rate Bond ETF $FLOT Shares Newly Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 313,910 shares of the company’s stock, valued at approximately $16,025,000.

Several other hedge funds have also made changes to their positions in FLOT. Glenview Trust Co grew its holdings in shares of iShares Floating Rate Bond ETF by 3.4% during the third quarter. Glenview Trust Co now owns 3,253,697 shares of the company’s stock worth $166,101,000 after buying an additional 107,720 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Floating Rate Bond ETF by 12.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock valued at $103,401,000 after acquiring an additional 230,814 shares during the last quarter. Assetmark Inc. raised its stake in iShares Floating Rate Bond ETF by 2.4% during the 1st quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after acquiring an additional 46,823 shares during the last quarter. Kensington Asset Management LLC raised its stake in iShares Floating Rate Bond ETF by 39.9% during the 1st quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after acquiring an additional 434,772 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares Floating Rate Bond ETF by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock worth $55,346,000 after acquiring an additional 13,784 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0%

iShares Floating Rate Bond ETF stock opened at $51.01 on Friday. The stock has a 50 day moving average of $50.97 and a two-hundred day moving average of $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08.

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.