DAVENPORT & Co LLC Purchases 26,359 Shares of iShares Floating Rate Bond ETF $FLOT

DAVENPORT & Co LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,356,721 shares of the company’s stock after purchasing an additional 26,359 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Floating Rate Bond ETF were worth $69,220,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NBC Securities Inc. purchased a new position in iShares Floating Rate Bond ETF during the first quarter worth about $254,000. LexAurum Advisors LLC boosted its position in shares of iShares Floating Rate Bond ETF by 457.6% during the 1st quarter. LexAurum Advisors LLC now owns 44,482 shares of the company’s stock valued at $2,271,000 after acquiring an additional 36,504 shares during the last quarter. Perennial Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 11.3% during the first quarter. Perennial Advisors LLC now owns 163,200 shares of the company’s stock worth $8,331,000 after purchasing an additional 16,573 shares in the last quarter. Charter Oak Capital Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 53.9% in the first quarter. Charter Oak Capital Management LLC now owns 9,755 shares of the company’s stock worth $498,000 after purchasing an additional 3,418 shares during the last quarter. Finally, Moulton Wealth Management Inc. raised its stake in iShares Floating Rate Bond ETF by 54.1% in the first quarter. Moulton Wealth Management Inc. now owns 213,726 shares of the company’s stock valued at $10,911,000 after purchasing an additional 75,075 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.1%

Shares of iShares Floating Rate Bond ETF stock opened at $50.93 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The company has a 50 day simple moving average of $50.97 and a two-hundred day simple 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.