Mutual Advisors LLC Purchases 31,800 Shares of iShares Floating Rate Bond ETF $FLOT

Mutual Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 13.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 262,224 shares of the company’s stock after purchasing an additional 31,800 shares during the period. Mutual Advisors LLC owned about 0.15% of iShares Floating Rate Bond ETF worth $13,390,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of FLOT. Harbour Investments Inc. boosted its stake in iShares Floating Rate Bond ETF by 10.5% during the second quarter. Harbour Investments Inc. now owns 28,172 shares of the company’s stock worth $1,437,000 after buying an additional 2,675 shares in the last quarter. Courier Capital LLC increased its stake in iShares Floating Rate Bond ETF by 1.3% in the second quarter. Courier Capital LLC now owns 152,302 shares of the company’s stock valued at $7,770,000 after acquiring an additional 1,905 shares during the period. Elmwood Wealth Management Inc. raised its position in iShares Floating Rate Bond ETF by 10.6% in the second quarter. Elmwood Wealth Management Inc. now owns 40,188 shares of the company’s stock worth $2,050,000 after purchasing an additional 3,865 shares in the last quarter. Verdence Capital Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 10.2% during the second quarter. Verdence Capital Advisors LLC now owns 839,303 shares of the company’s stock worth $42,821,000 after purchasing an additional 77,446 shares during the period. Finally, MGO One Seven LLC grew its stake in shares of iShares Floating Rate Bond ETF by 2.0% in the 2nd quarter. MGO One Seven LLC now owns 62,132 shares of the company’s stock valued at $3,170,000 after purchasing an additional 1,241 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.94 on Wednesday. The business has a 50 day simple moving average of $50.97 and a 200 day simple moving average of $50.89. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34.

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.