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

Private Advisor Group LLC increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 11.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 209,883 shares of the company’s stock after buying an additional 21,902 shares during the period. Private Advisor Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $10,722,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Franklin Resources Inc. raised its position in iShares Floating Rate Bond ETF by 10.8% in the second quarter. Franklin Resources Inc. now owns 3,209,096 shares of the company’s stock worth $163,728,000 after acquiring an additional 313,769 shares during the period. New York Life Investment Management LLC grew its position in shares of iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock valued at $157,227,000 after acquiring an additional 607,046 shares during the period. Glenview Trust Co grew its position in shares of iShares Floating Rate Bond ETF by 3.9% during the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after acquiring an additional 102,353 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after purchasing an additional 130,241 shares during the last quarter. Finally, Glenview Trust co increased its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the 2nd quarter. Glenview Trust co now owns 2,655,067 shares of the company’s stock worth $135,462,000 after purchasing an additional 125,640 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0%

BATS:FLOT opened at $50.87 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The firm’s 50 day moving average is $50.94 and its 200 day moving average is $50.95.

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.