iShares Floating Rate Bond ETF $FLOT Holdings Lifted by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.9% in the third quarter, HoldingsChannel reports. The firm owned 257,539 shares of the company’s stock after acquiring an additional 25,337 shares during the quarter. iShares Floating Rate Bond ETF accounts for 3.0% of Investment Planning Advisors Inc.’s portfolio, making the stock its 11th biggest position. Investment Planning Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $13,147,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Waterhouse Canada Inc. increased its holdings in iShares Floating Rate Bond ETF by 10.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,584 shares of the company’s stock worth $132,000 after buying an additional 250 shares during the period. Narus Financial Partners LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 7.1% during the first quarter. Narus Financial Partners LLC now owns 4,512 shares of the company’s stock worth $230,000 after purchasing an additional 300 shares during the last quarter. Midwest Professional Planners LTD. lifted its position in iShares Floating Rate Bond ETF by 9.0% during the second quarter. Midwest Professional Planners LTD. now owns 4,406 shares of the company’s stock valued at $225,000 after purchasing an additional 362 shares during the period. Continuum Advisory LLC lifted its position in iShares Floating Rate Bond ETF by 10.5% during the second quarter. Continuum Advisory LLC now owns 4,765 shares of the company’s stock valued at $243,000 after purchasing an additional 454 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new stake in iShares Floating Rate Bond ETF in the first quarter valued at $25,000.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT traded up $0.01 during mid-day trading on Wednesday, hitting $50.95. The company’s stock had a trading volume of 1,236,639 shares, compared to its average volume of 1,903,693. The business’s fifty day moving average is $50.96 and its two-hundred day 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 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.