James Investment Research Inc. Has $7.82 Million Position in iShares Floating Rate Bond ETF $FLOT

James Investment Research Inc. decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 8.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 153,039 shares of the company’s stock after selling 14,661 shares during the quarter. James Investment Research Inc. owned approximately 0.09% of iShares Floating Rate Bond ETF worth $7,818,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd raised its holdings in shares of iShares Floating Rate Bond ETF by 15,997.2% during the second quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after acquiring an additional 650,127 shares in the last quarter. RMG Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF in the second quarter valued at about $24,254,000. Walker Financial Services Inc. acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth about $22,448,000. WNY Asset Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 435.2% during the 2nd quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock worth $25,763,000 after purchasing an additional 410,612 shares in the last quarter. Finally, Trustmark Bank Trust Department raised its stake in shares of iShares Floating Rate Bond ETF by 153.3% during the 2nd quarter. Trustmark Bank Trust Department now owns 668,097 shares of the company’s stock worth $34,086,000 after purchasing an additional 404,368 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Monday. The stock has a 50-day simple moving average of $50.92 and a 200-day simple moving average of $50.95. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34.

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.