International Assets Investment Management LLC grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 56.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,401 shares of the company’s stock after purchasing an additional 42,694 shares during the quarter. International Assets Investment Management LLC owned about 0.07% of iShares Floating Rate Bond ETF worth $6,022,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Glenview Trust Co boosted its stake in shares of iShares Floating Rate Bond ETF by 3.4% in the 3rd quarter. Glenview Trust Co now owns 3,253,697 shares of the company’s stock valued at $166,101,000 after purchasing an additional 107,720 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Floating Rate Bond ETF by 12.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after buying an additional 230,814 shares during the last quarter. Assetmark Inc. lifted its holdings in iShares Floating Rate Bond ETF by 2.4% in the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after buying an additional 46,823 shares during the period. Kensington Asset Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after buying an additional 434,772 shares during the period. Finally, Cetera Investment Advisers lifted 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 period.
iShares Floating Rate Bond ETF Stock Up 0.0%
Shares of FLOT opened at $50.84 on Friday. The firm’s fifty day simple moving average is $50.95 and its two-hundred day simple moving average is $50.95. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month 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.
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