iShares Floating Rate Bond ETF (BATS:FLOT) Position Boosted by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 51.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,208 shares of the company’s stock after purchasing an additional 57,810 shares during the period. Parsons Capital Management Inc. RI owned approximately 0.10% of iShares Floating Rate Bond ETF worth $8,740,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Demars Financial Group LLC boosted its position in shares of iShares Floating Rate Bond ETF by 5,019.0% during the 4th quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock valued at $1,935,446,000 after purchasing an additional 37,296,320 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Floating Rate Bond ETF by 3.9% in the fourth quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock worth $401,349,000 after buying an additional 295,184 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after buying an additional 4,347,920 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 4.4% in the fourth quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after buying an additional 149,228 shares during the period. Finally, New York Life Investment Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 12.8% in the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after buying an additional 347,836 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.3%

Shares of FLOT opened at $50.84 on Tuesday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The company has a 50-day moving average of $50.75 and a two-hundred day moving average of $50.89.

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.