Independent Solutions Wealth Management LLC Buys 2,277 Shares of iShares Floating Rate Bond ETF $FLOT

Independent Solutions Wealth Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,390 shares of the company’s stock after buying an additional 2,277 shares during the period. Independent Solutions Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,724,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Demars Financial Group LLC raised its position in shares of iShares Floating Rate Bond ETF by 3.8% in the 1st quarter. Demars Financial Group LLC now owns 39,475,476 shares of the company’s stock valued at $2,015,223,000 after acquiring an additional 1,436,048 shares during the period. Northern Trust Corp grew its holdings in shares of iShares Floating Rate Bond ETF by 11.0% in the 1st quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after buying an additional 447,443 shares during the period. LPL Financial LLC increased its position in shares of iShares Floating Rate Bond ETF by 20.0% in the 1st quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock valued at $217,736,000 after buying an additional 709,617 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings 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 acquiring an additional 1,538,926 shares in the last quarter. Finally, Glenview Trust co grew its stake in iShares Floating Rate Bond ETF by 4.0% in the first quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after acquiring an additional 97,749 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.93 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The company’s 50 day moving average price is $50.97 and its two-hundred day moving average price is $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.