B.A. Schrock Wealth Management Inc. Purchases New Holdings in iShares Floating Rate Bond ETF $FLOT

B.A. Schrock Wealth Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 141,194 shares of the company’s stock, valued at approximately $7,181,000. iShares Floating Rate Bond ETF accounts for about 2.4% of B.A. Schrock Wealth Management Inc.’s holdings, making the stock its 9th biggest position. B.A. Schrock Wealth Management Inc. owned 0.08% of iShares Floating Rate Bond ETF at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Glenview Trust Co lifted its stake in shares of iShares Floating Rate Bond ETF by 7.4% during the first quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock worth $159,480,000 after purchasing an additional 216,519 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 12.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after purchasing an additional 230,814 shares in the last quarter. Assetmark Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 2.4% in the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after purchasing an additional 46,823 shares during the period. Kensington Asset Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after purchasing an additional 434,772 shares during the period. Finally, Cetera Investment Advisers grew its holdings 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 valued at $55,346,000 after purchasing an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.95 on Thursday. 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 fifty day simple moving average of $50.96 and a 200 day simple moving average of $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.