10,841 Shares of iShares Floating Rate Bond ETF $FLOT Acquired by Center For Asset Management LLC

Center For Asset Management LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 10,841 shares of the company’s stock, valued at approximately $553,000.

A number of other institutional investors have also recently made changes to their positions in FLOT. Glenview Trust Co increased its stake in shares of iShares Floating Rate Bond ETF by 7.4% in the first quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock valued at $159,480,000 after buying an additional 216,519 shares during the period. PNC Financial Services Group Inc. raised its position 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 last quarter. Assetmark Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 2.4% in 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. Kensington Asset Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after acquiring an additional 434,772 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of iShares Floating Rate Bond ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock worth $55,346,000 after acquiring an additional 13,784 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.1%

Shares of FLOT stock opened at $50.99 on Friday. The business’s 50 day simple moving average is $50.96 and its 200 day simple moving average is $50.95. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.08.

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.