141,194 Shares in iShares Floating Rate Bond ETF $FLOT Purchased by B.A. Schrock Wealth Management Inc.

B.A. Schrock Wealth Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 141,194 shares of the company’s stock, valued at approximately $7,181,000. iShares Floating Rate Bond ETF comprises 2.4% of B.A. Schrock Wealth Management Inc.’s holdings, making the stock its 9th biggest position.

A number of other hedge funds have also made changes to their positions in FLOT. Glenview Trust Co increased its stake in shares of iShares Floating Rate Bond ETF by 7.4% in the first quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock worth $159,480,000 after buying an additional 216,519 shares during the last quarter. PNC Financial Services Group Inc. boosted 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. boosted 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 lifted its position in shares of iShares Floating Rate Bond ETF by 39.9% during the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after purchasing an additional 434,772 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares Floating Rate Bond ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock valued at $55,346,000 after buying an additional 13,784 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.08. The stock’s 50 day simple moving average is $50.96 and its 200 day simple 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.