iShares Floating Rate Bond ETF $FLOT Shares Acquired by Kane Investment Management Inc.

Kane Investment Management Inc. boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 12.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,277 shares of the company’s stock after acquiring an additional 2,648 shares during the quarter. Kane Investment Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northern Trust Corp boosted its position in shares of iShares Floating Rate Bond ETF by 11.0% during the 1st quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock worth $231,282,000 after purchasing an additional 447,443 shares in the last quarter. LPL Financial LLC boosted its holdings 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 buying an additional 709,617 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares Floating Rate Bond ETF by 143.4% during the first quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock worth $133,006,000 after buying an additional 1,538,926 shares during the period. Glenview Trust co grew its position in iShares Floating Rate Bond ETF by 4.0% during the first quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock worth $129,127,000 after buying an additional 97,749 shares during the period. Finally, Royal Bank of Canada increased its holdings in iShares Floating Rate Bond ETF by 59.0% in the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after buying an additional 872,352 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.98 on Friday. The stock’s fifty day moving average is $50.96 and its two-hundred day moving average is $50.94. 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 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.