iShares Floating Rate Bond ETF $FLOT Shares Acquired by Powers Advisory Group LLC

Powers Advisory Group LLC lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 22.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,364 shares of the company’s stock after purchasing an additional 15,194 shares during the period. iShares Floating Rate Bond ETF comprises approximately 1.5% of Powers Advisory Group LLC’s holdings, making the stock its 16th biggest holding. Powers Advisory Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,247,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Hoge Financial Services LLC grew its holdings in iShares Floating Rate Bond ETF by 9.4% during the 1st quarter. Hoge Financial Services LLC now owns 212,275 shares of the company’s stock valued at $10,815,000 after buying an additional 18,206 shares during the last quarter. Greenup Street Wealth Management LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 8.2% in the first quarter. Greenup Street Wealth Management LLC now owns 28,958 shares of the company’s stock worth $1,475,000 after acquiring an additional 2,203 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 83.2% in the first quarter. Blue Trust Inc. now owns 2,037 shares of the company’s stock worth $104,000 after acquiring an additional 925 shares during the last quarter. RFG Advisory LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 5.5% in the first quarter. RFG Advisory LLC now owns 317,813 shares of the company’s stock worth $16,193,000 after acquiring an additional 16,690 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its position in shares of iShares Floating Rate Bond ETF by 19.9% in the first quarter. CENTRAL TRUST Co now owns 24,523 shares of the company’s stock valued at $1,249,000 after acquiring an additional 4,062 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

FLOT opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09. The business’s fifty day simple moving average is $50.96 and its 200 day simple moving average is $50.93.

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.