Mutual Advisors LLC Buys 31,800 Shares of iShares Floating Rate Bond ETF $FLOT

Mutual Advisors LLC grew its stake in iShares Floating Rate Bond ETF (BATS:FLOTFree Report) by 13.8% in the second quarter, HoldingsChannel reports. The fund owned 262,224 shares of the company’s stock after acquiring an additional 31,800 shares during the period. Mutual Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $13,390,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Tompkins Financial Corp acquired a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth $25,000. NorthRock Partners LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 269.5% during the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock valued at $27,000 after acquiring an additional 380 shares during the period. Asset Dedication LLC bought a new position in iShares Floating Rate Bond ETF in the first quarter valued at about $29,000. WASHINGTON TRUST Co increased its position in iShares Floating Rate Bond ETF by 242.6% in the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after purchasing an additional 490 shares during the period. Finally, SVB Wealth LLC bought a new stake in iShares Floating Rate Bond ETF during the 1st quarter worth about $43,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $50.94 on Wednesday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The company’s 50 day simple moving average is $50.97 and its 200 day simple moving average is $50.89.

iShares Floating Rate Bond ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOTFree Report).

Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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