Fifth Third Securities Inc. Acquires New Position in iShares Floating Rate Bond ETF $FLOT

Fifth Third Securities Inc. acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 58,055 shares of the company’s stock, valued at approximately $2,964,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TD Waterhouse Canada Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 10.7% in the second quarter. TD Waterhouse Canada Inc. now owns 2,584 shares of the company’s stock valued at $132,000 after purchasing an additional 250 shares in the last quarter. New England Private Wealth Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 1.0% in the third quarter. New England Private Wealth Advisors LLC now owns 25,058 shares of the company’s stock worth $1,279,000 after purchasing an additional 260 shares during the period. Narus Financial Partners LLC boosted its stake in iShares Floating Rate Bond ETF by 7.1% during the first quarter. Narus Financial Partners LLC now owns 4,512 shares of the company’s stock worth $230,000 after buying an additional 300 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in iShares Floating Rate Bond ETF by 1.9% during the third quarter. Diversify Advisory Services LLC now owns 17,611 shares of the company’s stock worth $897,000 after buying an additional 327 shares in the last quarter. Finally, Midwest Professional Planners LTD. boosted its stake in iShares Floating Rate Bond ETF by 9.0% during the second quarter. Midwest Professional Planners LTD. now owns 4,406 shares of the company’s stock worth $225,000 after buying an additional 362 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Thursday. The company’s fifty day moving average price is $50.97 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.08.

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.