iShares Floating Rate Bond ETF $FLOT Shares Purchased by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 26.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 64,349 shares of the company’s stock after acquiring an additional 13,489 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 1.8% of Collaborative Fund Advisors LLC’s portfolio, making the stock its 8th largest holding. Collaborative Fund Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,285,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FLOT. Citadel Advisors LLC bought a new position in iShares Floating Rate Bond ETF during the second quarter valued at $8,303,000. Private Client Services LLC bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $677,000. Compass Financial Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at about $5,930,000. Paces Ferry Wealth Advisors LLC raised its position in shares of iShares Floating Rate Bond ETF by 6.9% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 162,791 shares of the company’s stock valued at $8,294,000 after buying an additional 10,457 shares in the last quarter. Finally, Vertrix Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth about $11,888,000.

iShares Floating Rate Bond ETF Trading Up 0.0%

Shares of BATS FLOT opened at $50.86 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.08. The company’s 50-day moving average is $50.96 and its 200 day moving average is $50.95.

iShares Floating Rate Bond ETF Company 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.