Virtus Family Office LLC Buys 33,958 Shares of iShares Floating Rate Bond ETF $FLOT

Virtus Family Office LLC boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 51.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 99,650 shares of the company’s stock after buying an additional 33,958 shares during the quarter. iShares Floating Rate Bond ETF accounts for 4.8% of Virtus Family Office LLC’s investment portfolio, making the stock its 4th biggest position. Virtus Family Office LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,091,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Quadrature Capital Ltd grew its stake in shares of iShares Floating Rate Bond ETF by 15,997.2% in the second quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock valued at $33,374,000 after buying an additional 650,127 shares in the last quarter. Walker Financial Services Inc. bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $22,448,000. WNY Asset Management LLC increased its stake in shares of iShares Floating Rate Bond ETF by 435.2% during the 2nd quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock worth $25,763,000 after purchasing an additional 410,612 shares during the last quarter. Trustmark Bank Trust Department raised its holdings in shares of iShares Floating Rate Bond ETF by 153.3% in the 2nd quarter. Trustmark Bank Trust Department now owns 668,097 shares of the company’s stock valued at $34,086,000 after purchasing an additional 404,368 shares during the period. Finally, Flputnam Investment Management Co. lifted its stake in iShares Floating Rate Bond ETF by 32.9% in the 3rd quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock valued at $82,492,000 after purchasing an additional 399,436 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT traded down $0.06 during trading on Friday, reaching $50.93. 2,399,080 shares of the company’s stock were exchanged, compared to its average volume of 1,521,656. The business has a 50 day moving average price of $50.92 and a 200-day moving average price of $50.95. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34.

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.