Princeton Global Asset Management LLC Acquires 1,689 Shares of iShares Floating Rate Bond ETF $FLOT

Princeton Global Asset Management LLC raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 61,558 shares of the company’s stock after buying an additional 1,689 shares during the quarter. Princeton Global Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,141,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. IFP Advisors Inc lifted its position in iShares Floating Rate Bond ETF by 11.5% during the first quarter. IFP Advisors Inc now owns 15,581 shares of the company’s stock valued at $795,000 after purchasing an additional 1,612 shares during the last quarter. Beaird Harris Wealth Management LLC lifted its position in iShares Floating Rate Bond ETF by 0.8% during the first quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock valued at $1,905,000 after purchasing an additional 286 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 143.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 10,396 shares of the company’s stock valued at $531,000 after purchasing an additional 6,124 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares Floating Rate Bond ETF by 43.3% during the first quarter. Bank of New York Mellon Corp now owns 57,406 shares of the company’s stock valued at $2,931,000 after purchasing an additional 17,346 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its position in iShares Floating Rate Bond ETF by 32.6% during the second quarter. Focus Financial Network Inc. now owns 11,841 shares of the company’s stock valued at $604,000 after purchasing an additional 2,912 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $50.96 on Monday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The company’s fifty day simple moving average is $50.97 and its 200-day simple moving average is $50.89.

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.