Alliance Wealth Management Group Has $7.34 Million Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Alliance Wealth Management Group boosted its position in iShares Floating Rate Bond ETF (BATS:FLOTGet Rating) by 9.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,938 shares of the company’s stock after buying an additional 13,021 shares during the period. iShares Floating Rate Bond ETF makes up approximately 2.9% of Alliance Wealth Management Group’s portfolio, making the stock its 11th biggest position. Alliance Wealth Management Group’s holdings in iShares Floating Rate Bond ETF were worth $7,336,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FLOT. Rezny Wealth Management Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 2,301.6% in the second quarter. Rezny Wealth Management Inc. now owns 6,495,229 shares of the company’s stock worth $325,055,000 after purchasing an additional 6,224,778 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 54,764.1% during the second quarter. Franklin Resources Inc. now owns 3,291,844 shares of the company’s stock worth $164,329,000 after acquiring an additional 3,285,844 shares in the last quarter. Jane Street Group LLC boosted its holdings in iShares Floating Rate Bond ETF by 2,776.2% during the 2nd quarter. Jane Street Group LLC now owns 2,337,799 shares of the company’s stock valued at $116,703,000 after acquiring an additional 2,256,518 shares during the period. Northern Trust Corp bought a new stake in shares of iShares Floating Rate Bond ETF in the second quarter worth about $488,000. Finally, Truist Financial Corp raised its position in shares of iShares Floating Rate Bond ETF by 282.7% in the 2nd quarter. Truist Financial Corp now owns 1,175,158 shares of the company’s stock worth $58,664,000 after acquiring an additional 868,064 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock remained flat at $50.56 on Wednesday. The stock had a trading volume of 1,451,126 shares. The stock’s 50-day simple moving average is $50.30 and its 200 day simple moving average is $50.25. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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