iShares Floating Rate Bond ETF $FLOT Shares Bought by RDA Financial Network

RDA Financial Network boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 339.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,820 shares of the company’s stock after acquiring an additional 66,309 shares during the period. iShares Floating Rate Bond ETF accounts for 0.9% of RDA Financial Network’s investment portfolio, making the stock its 26th largest holding. RDA Financial Network’s holdings in iShares Floating Rate Bond ETF were worth $4,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in FLOT. Glenview Trust Co raised its position in shares of iShares Floating Rate Bond ETF by 7.4% in the 1st quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock worth $159,480,000 after acquiring an additional 216,519 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in 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 purchasing an additional 230,814 shares during the period. Assetmark Inc. increased its holdings in 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 purchasing an additional 46,823 shares in the last quarter. Kensington Asset Management LLC increased its holdings in 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 purchasing an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in 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 purchasing an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT traded up $0.01 during mid-day trading on Thursday, hitting $50.95. The company had a trading volume of 1,653,026 shares, compared to its average volume of 1,911,089. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.08. The firm has a fifty day moving average price of $50.96 and a 200 day moving average price of $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.