Guidance Capital Inc. Purchases 12,479 Shares of iShares Floating Rate Bond ETF $FLOT

Guidance Capital Inc. lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 12.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,627 shares of the company’s stock after purchasing an additional 12,479 shares during the quarter. iShares Floating Rate Bond ETF accounts for 1.5% of Guidance Capital Inc.’s portfolio, making the stock its 13th largest position. Guidance Capital Inc.’s holdings in iShares Floating Rate Bond ETF were worth $5,595,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Franklin Resources Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 10.8% in the 2nd quarter. Franklin Resources Inc. now owns 3,209,096 shares of the company’s stock valued at $163,728,000 after buying an additional 313,769 shares in the last quarter. New York Life Investment Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock valued at $157,227,000 after acquiring an additional 607,046 shares in the last quarter. Glenview Trust Co increased its stake in iShares Floating Rate Bond ETF by 3.9% in the third quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after acquiring an additional 102,353 shares during the period. Ameriprise Financial Inc. raised its position in iShares Floating Rate Bond ETF by 5.0% in the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after purchasing an additional 130,241 shares in the last quarter. Finally, Glenview Trust co raised its position in iShares Floating Rate Bond ETF by 5.0% in the second quarter. Glenview Trust co now owns 2,655,067 shares of the company’s stock worth $135,462,000 after purchasing an additional 125,640 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

BATS FLOT opened at $50.95 on Tuesday. The stock’s 50 day moving average is $50.92 and its two-hundred day moving average is $50.95. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year 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.