13,256 Shares of iShares Floating Rate Bond ETF $FLOT Bought by Private Client Services LLC

Private Client Services LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,256 shares of the company’s stock, valued at approximately $677,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new stake in iShares Floating Rate Bond ETF in the first quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter worth approximately $30,000. Bayban acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at $37,000. Global Assets Advisory LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at $75,000. Finally, Wellington Grp LLC purchased a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at $75,000.

iShares Floating Rate Bond ETF Stock Up 0.0%

BATS:FLOT traded up $0.03 during trading hours on Friday, reaching $50.88. 741,045 shares of the company’s stock were exchanged, compared to its average volume of 1,886,327. The company has a 50-day moving average of $50.97 and a 200 day moving average of $50.95. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.08.

About iShares Floating Rate Bond ETF

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.