Orion Porfolio Solutions LLC Purchases 19,239 Shares of iShares Floating Rate Bond ETF $FLOT

Orion Porfolio Solutions LLC raised its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 77.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,230 shares of the company’s stock after buying an additional 19,239 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,260,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FLOT. Quadrature Capital Ltd boosted its holdings in iShares Floating Rate Bond ETF by 15,997.2% during the 2nd quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock valued at $33,374,000 after acquiring an additional 650,127 shares during the period. New York Life Investment Management LLC increased its stake in iShares Floating Rate Bond ETF by 24.6% in the third quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after purchasing an additional 607,046 shares during the period. Walker Financial Services Inc. purchased a new stake in iShares Floating Rate Bond ETF in the third quarter worth $22,448,000. Trustmark Bank Trust Department lifted its position in shares of iShares Floating Rate Bond ETF by 153.3% during the second 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 during the last quarter. Finally, Flputnam Investment Management Co. lifted its position in shares of iShares Floating Rate Bond ETF by 32.9% during the third quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock worth $82,492,000 after purchasing an additional 399,436 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $50.88 on Wednesday. The firm has a fifty day moving average price of $50.94 and a 200-day moving average price of $50.95. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34.

iShares Floating Rate Bond ETF 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.