Guggenheim Capital LLC Purchases 16,839 Shares of iShares Floating Rate Bond ETF $FLOT

Guggenheim Capital LLC boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOTFree Report) by 5.6% in the second quarter, Holdings Channel reports. The institutional investor owned 315,947 shares of the company’s stock after buying an additional 16,839 shares during the period. Guggenheim Capital LLC’s holdings in iShares Floating Rate Bond ETF were worth $16,120,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its position 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 acquiring an additional 1,538,926 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the second quarter worth $61,900,000. Royal Bank of Canada increased its holdings in iShares Floating Rate Bond ETF by 59.0% in the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after purchasing an additional 872,352 shares during the period. Quadrature Capital Ltd raised its position in iShares Floating Rate Bond ETF by 15,997.2% during the 2nd quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after purchasing an additional 650,127 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth about $24,254,000.

iShares Floating Rate Bond ETF Trading Down 0.2%

BATS FLOT opened at $50.90 on Friday. The business’s 50-day moving average price is $50.96 and its two-hundred day moving average price is $50.95. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34.

iShares Floating Rate Bond ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOTFree Report).

Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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