Arkadios Wealth Advisors Buys 746 Shares of iShares Floating Rate Bond ETF $FLOT

Arkadios Wealth Advisors lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,023 shares of the company’s stock after buying an additional 746 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Floating Rate Bond ETF were worth $2,399,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. WNY Asset Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 435.2% in the 2nd quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock worth $25,763,000 after buying an additional 410,612 shares during the last quarter. Whalen Wealth Management Inc. bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at $531,000. Beirne Wealth Consulting Services LLC grew its stake in iShares Floating Rate Bond ETF by 5.6% in the 2nd quarter. Beirne Wealth Consulting Services LLC now owns 107,236 shares of the company’s stock valued at $5,472,000 after purchasing an additional 5,642 shares during the period. James Investment Research Inc. grew its stake in iShares Floating Rate Bond ETF by 4.6% in the 2nd quarter. James Investment Research Inc. now owns 167,700 shares of the company’s stock valued at $8,556,000 after purchasing an additional 7,323 shares during the period. Finally, SYM FINANCIAL Corp bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at $37,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $51.07 on Friday. The business has a fifty day moving average price of $50.98 and a two-hundred day moving average price of $50.93. 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.