13,256 Shares in iShares Floating Rate Bond ETF $FLOT Bought by Private Client Services LLC

Private Client Services LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 13,256 shares of the company’s stock, valued at approximately $677,000.

Other large investors have also modified their holdings of the company. Glenview Trust Co lifted its holdings 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 worth $159,480,000 after purchasing an additional 216,519 shares during the period. Franklin Resources Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 2.2% in the fourth quarter. Franklin Resources Inc. now owns 3,046,357 shares of the company’s stock valued at $154,938,000 after acquiring an additional 66,182 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 12.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after acquiring an additional 230,814 shares during the period. Assetmark Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 2.4% during the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock worth $100,141,000 after acquiring an additional 46,823 shares during the period. Finally, Kensington Asset Management LLC raised its holdings in iShares Floating Rate Bond ETF by 39.9% during the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after purchasing an additional 434,772 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT traded up $0.03 during mid-day trading on Friday, reaching $50.88. The stock had a trading volume of 741,045 shares, compared to its average volume of 1,886,327. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08. The business has a 50 day simple moving average of $50.97 and a 200 day simple moving average of $50.95.

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.