23,000 Shares of iShares Floating Rate Bond ETF $FLOT Bought by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 23,000 shares of the company’s stock, valued at approximately $1,174,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. The Manufacturers Life Insurance Company bought a new stake in iShares Floating Rate Bond ETF in the first quarter worth about $47,775,000. RMG Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $30,601,000. Alpine Bank Wealth Management increased its holdings in iShares Floating Rate Bond ETF by 631.2% in the 3rd quarter. Alpine Bank Wealth Management now owns 684,450 shares of the company’s stock worth $34,941,000 after acquiring an additional 590,842 shares during the last quarter. Towercrest Capital Management purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth about $28,377,000. Finally, Kensington Asset Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 39.9% in the 1st quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after buying an additional 434,772 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.3%

iShares Floating Rate Bond ETF stock opened at $50.84 on Tuesday. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.08. The firm has a 50 day simple moving average of $50.97 and a 200 day simple moving average of $50.95.

iShares Floating Rate Bond ETF Company 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.