Darden Wealth Group Inc Purchases 1,490 Shares of iShares Floating Rate Bond ETF $FLOT

Darden Wealth Group Inc raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,887 shares of the company’s stock after purchasing an additional 1,490 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 2.3% of Darden Wealth Group Inc’s portfolio, making the stock its 7th biggest position. Darden Wealth Group Inc’s holdings in iShares Floating Rate Bond ETF were worth $3,872,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northern Trust Corp lifted its holdings in iShares Floating Rate Bond ETF by 11.0% during the first quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock worth $231,282,000 after acquiring an additional 447,443 shares during the period. LPL Financial LLC raised its stake in shares of iShares Floating Rate Bond ETF by 20.0% during the 1st quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock worth $217,736,000 after purchasing an additional 709,617 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 143.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock worth $133,006,000 after buying an additional 1,538,926 shares during the last quarter. Glenview Trust co boosted its stake in iShares Floating Rate Bond ETF by 4.0% in the first quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after acquiring an additional 97,749 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in shares of iShares Floating Rate Bond ETF by 59.0% during the 1st quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock worth $120,058,000 after purchasing an additional 872,352 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

BATS:FLOT opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The firm’s 50 day moving average is $50.97 and its 200 day moving average is $50.91.

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.