Callahan Advisors LLC Has $1.70 Million Stake in iShares Floating Rate Bond ETF $FLOT

Callahan Advisors LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 16.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,350 shares of the company’s stock after purchasing an additional 4,781 shares during the quarter. Callahan Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,702,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FLOT. Fifth Third Bancorp grew its holdings in iShares Floating Rate Bond ETF by 165.9% during the first quarter. Fifth Third Bancorp now owns 2,119 shares of the company’s stock worth $108,000 after buying an additional 1,322 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in iShares Floating Rate Bond ETF by 10.9% during the first quarter. Dynamic Advisor Solutions LLC now owns 8,757 shares of the company’s stock worth $447,000 after buying an additional 859 shares in the last quarter. Insigneo Advisory Services LLC bought a new stake in iShares Floating Rate Bond ETF during the first quarter worth $915,000. CENTRAL TRUST Co grew its holdings in iShares Floating Rate Bond ETF by 13.0% during the first quarter. CENTRAL TRUST Co now owns 17,388 shares of the company’s stock worth $888,000 after buying an additional 2,002 shares in the last quarter. Finally, Optivise Advisory Services LLC bought a new stake in iShares Floating Rate Bond ETF during the first quarter worth $234,000.

iShares Floating Rate Bond ETF Trading Down 0.1%

Shares of iShares Floating Rate Bond ETF stock opened at $50.93 on Thursday. The stock has a fifty day simple moving average of $50.97 and a 200 day simple moving average of $50.89. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34.

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.