Nwam LLC Grows Holdings in iShares Floating Rate Bond ETF $FLOT

Nwam LLC boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 11.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 10,279 shares of the company’s stock after purchasing an additional 1,059 shares during the period. Nwam LLC’s holdings in iShares Floating Rate Bond ETF were worth $525,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of FLOT. Northern Trust Corp increased its position in shares of iShares Floating Rate Bond ETF by 11.0% during the first quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after acquiring an additional 447,443 shares during the last quarter. LPL Financial LLC boosted its position in iShares Floating Rate Bond ETF by 20.0% in the first quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock worth $217,736,000 after purchasing an additional 709,617 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares Floating Rate Bond ETF by 143.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares during the period. Glenview Trust co increased its position in shares of iShares Floating Rate Bond ETF by 4.0% during the 1st quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after purchasing an additional 97,749 shares during the last quarter. Finally, Royal Bank of Canada grew its position in iShares Floating Rate Bond ETF by 59.0% during the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after buying an additional 872,352 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.1%

FLOT opened at $50.93 on Thursday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The company’s 50-day moving average price is $50.96 and its two-hundred day moving average price is $50.94.

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.