iShares Floating Rate Bond ETF $FLOT Stake Raised by Monetary Solutions Ltd

Monetary Solutions Ltd lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 7.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 163,320 shares of the company’s stock after buying an additional 10,740 shares during the period. iShares Floating Rate Bond ETF comprises 7.2% of Monetary Solutions Ltd’s holdings, making the stock its 4th largest holding. Monetary Solutions Ltd owned approximately 0.09% of iShares Floating Rate Bond ETF worth $8,338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FLOT. Glenview Trust Co lifted its holdings in shares of iShares Floating Rate Bond ETF by 7.4% in the 1st quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock worth $159,480,000 after acquiring an additional 216,519 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings 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 worth $103,401,000 after acquiring an additional 230,814 shares in the last quarter. Assetmark Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 2.4% during the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after purchasing an additional 46,823 shares in the last quarter. Kensington Asset Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 39.9% in the 1st quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after acquiring an additional 434,772 shares during the period. Finally, Cetera Investment Advisers raised 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 worth $55,346,000 after purchasing an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $51.00 on Friday. The firm has a 50 day moving average of $50.97 and a 200 day moving average of $50.96. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.08.

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.