10,407 Shares in iShares Floating Rate Bond ETF $FLOT Purchased by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 10,407 shares of the company’s stock, valued at approximately $531,000.

Several other institutional investors also recently bought and sold shares of FLOT. Ameriprise Financial Inc. boosted its holdings in iShares Floating Rate Bond ETF by 143.4% in 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 last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $61,900,000. Royal Bank of Canada boosted its holdings 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 purchasing an additional 872,352 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 1,841.4% during the 1st quarter. Verdence Capital Advisors LLC now owns 761,857 shares of the company’s stock worth $38,893,000 after purchasing an additional 722,615 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings 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 purchasing an additional 709,617 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.06 on Wednesday. The stock’s 50 day simple moving average is $50.97 and its 200-day simple moving average is $50.92. 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 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.