Osaic Holdings Inc. Has $42.93 Million Stock Position in iShares Floating Rate Bond ETF $FLOT

Osaic Holdings Inc. increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 21.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 841,342 shares of the company’s stock after purchasing an additional 145,983 shares during the period. Osaic Holdings Inc. owned approximately 0.48% of iShares Floating Rate Bond ETF worth $42,931,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Tompkins Financial Corp acquired a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth about $25,000. SYM FINANCIAL Corp bought a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $37,000. TFC Financial Management Inc. acquired a new position in iShares Floating Rate Bond ETF during the second quarter valued at approximately $40,000. SVB Wealth LLC bought a new stake in iShares Floating Rate Bond ETF in the first quarter valued at approximately $43,000. Finally, Wagner Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the second quarter worth $63,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.97 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The company’s fifty day moving average is $50.96 and its 200-day moving average is $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.