Wealthcare Advisory Partners LLC Boosts Stake in iShares Floating Rate Bond ETF $FLOT

Wealthcare Advisory Partners LLC grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 12.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 151,400 shares of the company’s stock after acquiring an additional 16,958 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $7,729,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Shira Ridge Wealth Management grew its holdings in shares of iShares Floating Rate Bond ETF by 16.4% during the 2nd quarter. Shira Ridge Wealth Management now owns 214,694 shares of the company’s stock worth $10,960,000 after purchasing an additional 30,245 shares during the period. Vertrix Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $11,888,000. Worth Asset Management LLC raised its holdings in iShares Floating Rate Bond ETF by 21.5% in the second quarter. Worth Asset Management LLC now owns 34,134 shares of the company’s stock valued at $1,743,000 after buying an additional 6,040 shares during the period. Chesley Taft & Associates LLC raised its holdings in iShares Floating Rate Bond ETF by 6.0% in the second quarter. Chesley Taft & Associates LLC now owns 202,885 shares of the company’s stock valued at $10,357,000 after buying an additional 11,400 shares during the period. Finally, Elmwood Wealth Management Inc. lifted its position in iShares Floating Rate Bond ETF by 7.6% during the second quarter. Elmwood Wealth Management Inc. now owns 70,506 shares of the company’s stock valued at $3,599,000 after buying an additional 4,996 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $50.92 on Wednesday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09. The firm’s 50 day moving average price is $50.98 and its two-hundred day moving average price is $50.94.

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.