Darden Wealth Group Inc Has $3.80 Million Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Darden Wealth Group Inc lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.1% during the first quarter, Holdings Channel reports. The firm owned 74,397 shares of the company’s stock after buying an additional 1,519 shares during the period. iShares Floating Rate Bond ETF comprises about 2.9% of Darden Wealth Group Inc’s holdings, making the stock its 6th largest position. Darden Wealth Group Inc’s holdings in iShares Floating Rate Bond ETF were worth $3,798,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FLOT. Demars Financial Group LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 3.8% in the 1st quarter. Demars Financial Group LLC now owns 39,475,476 shares of the company’s stock worth $2,015,223,000 after purchasing an additional 1,436,048 shares in the last quarter. Bank of America Corp DE increased its stake in iShares Floating Rate Bond ETF by 3.9% in the 4th quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock worth $401,349,000 after purchasing an additional 295,184 shares in the last quarter. LPL Financial LLC raised its position in iShares Floating Rate Bond ETF by 4.4% during the fourth quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock valued at $180,905,000 after buying an additional 149,228 shares during the period. Wells Fargo & Company MN raised its position in iShares Floating Rate Bond ETF by 21.5% during the fourth quarter. Wells Fargo & Company MN now owns 2,658,917 shares of the company’s stock valued at $135,286,000 after buying an additional 470,630 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in iShares Floating Rate Bond ETF by 16.5% during the first quarter. Envestnet Asset Management Inc. now owns 2,188,432 shares of the company’s stock valued at $111,719,000 after buying an additional 310,472 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0%

BATS:FLOT traded up $0.03 during trading hours on Friday, hitting $51.01. 2,399,080 shares of the company’s stock traded hands, compared to its average volume of 1,516,203. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The stock’s fifty day moving average price is $50.90 and its two-hundred day moving average price is $50.89.

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.