iShares Floating Rate Bond ETF $FLOT Shares Newly Purchased by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 11,016 shares of the company’s stock, valued at approximately $562,000.

A number of other institutional investors and hedge funds also recently modified their holdings of FLOT. Capital Investment Services of America Inc. bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $605,000. Collaborative Fund Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 26.5% during the 3rd quarter. Collaborative Fund Advisors LLC now owns 64,349 shares of the company’s stock worth $3,285,000 after buying an additional 13,489 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $668,000. Integrity Alliance LLC. bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth $1,520,000. Finally, Integrity Advisory Solutions LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $2,249,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.86 on Thursday. The company’s 50 day simple moving average is $50.96 and its 200 day simple moving average is $50.95. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.08.

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.