iShares Floating Rate Bond ETF $FLOT Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 21.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,375 shares of the company’s stock after acquiring an additional 12,539 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Floating Rate Bond ETF were worth $3,591,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Northern Trust Corp lifted its holdings in iShares Floating Rate Bond ETF by 11.0% in the first quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after acquiring an additional 447,443 shares during the period. LPL Financial LLC raised its stake in shares of iShares Floating Rate Bond ETF by 20.0% during the 1st quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock worth $217,736,000 after buying an additional 709,617 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 143.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock worth $133,006,000 after buying an additional 1,538,926 shares during the period. Glenview Trust co raised its stake in shares of iShares Floating Rate Bond ETF by 4.0% during the 1st quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock worth $129,127,000 after buying an additional 97,749 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of iShares Floating Rate Bond ETF by 59.0% during the 1st quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock worth $120,058,000 after buying an additional 872,352 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.1%

Shares of FLOT stock opened at $51.05 on Friday. The stock has a 50 day simple moving average of $50.97 and a 200-day simple moving average of $50.91. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year 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.