Ballast Inc. acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 22,884 shares of the company’s stock, valued at approximately $1,168,000.
Several other hedge funds also recently modified their holdings of the business. Ameriprise Financial Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 143.4% in the first quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth $61,900,000. Royal Bank of Canada raised its stake in iShares Floating Rate Bond ETF by 59.0% during the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock worth $120,058,000 after acquiring an additional 872,352 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 1,841.4% during the first quarter. Verdence Capital Advisors LLC now owns 761,857 shares of the company’s stock worth $38,893,000 after acquiring an additional 722,615 shares in the last quarter. Finally, LPL Financial LLC raised its stake in iShares Floating Rate Bond ETF by 20.0% during the first quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock worth $217,736,000 after acquiring an additional 709,617 shares in the last quarter.
iShares Floating Rate Bond ETF Trading Down 0.0%
iShares Floating Rate Bond ETF stock opened at $50.96 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The stock has a fifty day moving average price of $50.97 and a two-hundred day moving average price of $50.89.
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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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