Private Advisor Group LLC Acquires 21,902 Shares of iShares Floating Rate Bond ETF $FLOT

Private Advisor Group LLC boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 11.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 209,883 shares of the company’s stock after acquiring an additional 21,902 shares during the quarter. Private Advisor Group LLC owned 0.12% of iShares Floating Rate Bond ETF worth $10,722,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Focus Partners Wealth lifted its holdings in shares of iShares Floating Rate Bond ETF by 8.9% in the first quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after purchasing an additional 1,088 shares in the last quarter. Nwam LLC boosted its position in shares of iShares Floating Rate Bond ETF by 11.5% during the second quarter. Nwam LLC now owns 10,279 shares of the company’s stock valued at $525,000 after buying an additional 1,059 shares during the last quarter. Evolution Wealth Advisors LLC bought a new stake in iShares Floating Rate Bond ETF during the second quarter worth $234,000. Burling Wealth Partners LLC bought a new stake in iShares Floating Rate Bond ETF during the second quarter worth $255,000. Finally, Wrapmanager Inc. raised its position in iShares Floating Rate Bond ETF by 12.3% in the 2nd quarter. Wrapmanager Inc. now owns 64,359 shares of the company’s stock valued at $3,284,000 after buying an additional 7,029 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.87 on Thursday. The stock’s fifty day simple moving average is $50.94 and its two-hundred day simple 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.

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.