James Investment Research Inc. raised its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 10.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 207,783 shares of the company’s stock after buying an additional 19,815 shares during the quarter. iShares Floating Rate Bond ETF makes up approximately 1.1% of James Investment Research Inc.’s portfolio, making the stock its 18th biggest position. James Investment Research Inc.’s holdings in iShares Floating Rate Bond ETF were worth $10,607,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of FLOT. Andrew Hill Investment Advisors Inc. grew its position in shares of iShares Floating Rate Bond ETF by 59.5% during the third quarter. Andrew Hill Investment Advisors Inc. now owns 30,537 shares of the company’s stock worth $1,559,000 after acquiring an additional 11,396 shares during the last quarter. Demars Financial Group LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 4.4% in the 3rd quarter. Demars Financial Group LLC now owns 877,644 shares of the company’s stock valued at $44,804,000 after acquiring an additional 36,592 shares during the period. Monetary Solutions Ltd raised its position in iShares Floating Rate Bond ETF by 7.0% in the 3rd quarter. Monetary Solutions Ltd now owns 163,320 shares of the company’s stock valued at $8,338,000 after purchasing an additional 10,740 shares during the last quarter. Royal Fund Management LLC raised its position in iShares Floating Rate Bond ETF by 15.4% in the 3rd quarter. Royal Fund Management LLC now owns 33,319 shares of the company’s stock valued at $1,701,000 after purchasing an additional 4,448 shares during the last quarter. Finally, Brookstone Capital Management purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at $6,793,000.
iShares Floating Rate Bond ETF Trading Down 0.1%
Shares of BATS:FLOT opened at $50.97 on Friday. The firm has a fifty day moving average price of $50.97 and a 200 day moving average price of $50.96. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.08.
iShares Floating Rate Bond ETF Company 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.
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