Lynx Capital Group Ltd. ADV Makes New $3.84 Million Investment in iShares Floating Rate Bond ETF $FLOT

Lynx Capital Group Ltd. ADV bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 75,232 shares of the company’s stock, valued at approximately $3,841,000. iShares Floating Rate Bond ETF accounts for 1.5% of Lynx Capital Group Ltd. ADV’s investment portfolio, making the stock its 27th biggest position.

A number of other institutional investors have also modified their holdings of the company. Tompkins Financial Corp acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $25,000. NFSG Corp purchased a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $50,000. Global Assets Advisory LLC acquired a new stake in iShares Floating Rate Bond ETF in the first quarter valued at approximately $75,000. Wellington Grp LLC acquired a new stake in iShares Floating Rate Bond ETF in the first quarter valued at approximately $75,000. Finally, Coastline Trust Co acquired a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $81,000.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.87 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08. The company has a fifty day simple moving average of $50.95 and a 200 day simple moving average of $50.95.

About iShares Floating Rate Bond ETF

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.