Walker Financial Services Inc. boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 10.5% during the 3rd quarter, Holdings Channel reports. The firm owned 809,153 shares of the company’s stock after buying an additional 76,624 shares during the quarter. iShares Floating Rate Bond ETF makes up about 12.1% of Walker Financial Services Inc.’s holdings, making the stock its 2nd biggest position. Walker Financial Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $41,307,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Glenview Trust Co grew its position in shares of iShares Floating Rate Bond ETF by 7.4% during the first quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock valued at $159,480,000 after purchasing an additional 216,519 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 12.8% in the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after buying an additional 230,814 shares in the last quarter. Assetmark Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 2.4% in the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock worth $100,141,000 after buying an additional 46,823 shares in the last quarter. Kensington Asset Management LLC lifted its position in shares of iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after buying an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares Floating Rate Bond ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock valued at $55,346,000 after buying an additional 13,784 shares during the last quarter.
iShares Floating Rate Bond ETF Price Performance
Shares of iShares Floating Rate Bond ETF stock opened at $51.01 on Wednesday. The stock has a 50 day moving average of $50.97 and a 200 day moving average of $50.95. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month 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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