iShares Floating Rate Bond ETF $FLOT Shares Acquired by WNY Asset Management LLC

WNY Asset Management LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 435.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 504,956 shares of the company’s stock after purchasing an additional 410,612 shares during the period. iShares Floating Rate Bond ETF makes up approximately 2.8% of WNY Asset Management LLC’s portfolio, making the stock its 9th biggest holding. WNY Asset Management LLC owned about 0.29% of iShares Floating Rate Bond ETF worth $25,763,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Northern Trust Corp boosted its stake in iShares Floating Rate Bond ETF by 11.0% during the 1st quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after purchasing an additional 447,443 shares during the last quarter. LPL Financial LLC boosted its stake 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 worth $217,736,000 after buying an additional 709,617 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of 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. Glenview Trust co boosted its stake in shares of iShares Floating Rate Bond ETF by 4.0% in 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 last quarter. Finally, Royal Bank of Canada boosted its stake in shares of iShares Floating Rate Bond ETF by 59.0% in 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 last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.06 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The stock’s 50 day moving average price is $50.97 and its 200-day moving average price is $50.92.

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.