iShares Floating Rate Bond ETF $FLOT Stock: James Investment Research Inc. Raises Position

James Investment Research Inc. lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 207,783 shares of the company’s stock after buying an additional 19,815 shares during the quarter. iShares Floating Rate Bond ETF comprises about 1.1% of James Investment Research Inc.’s holdings, making the stock its 18th biggest holding. James Investment Research Inc. owned 0.12% of iShares Floating Rate Bond ETF worth $10,607,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Glenview Trust Co grew its position in shares of iShares Floating Rate Bond ETF by 7.4% in the 1st quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock valued at $159,480,000 after buying an additional 216,519 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in iShares Floating Rate Bond ETF by 12.8% in the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock valued at $103,401,000 after acquiring an additional 230,814 shares during the last quarter. Assetmark Inc. lifted its position in iShares Floating Rate Bond ETF by 2.4% in the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after acquiring an additional 46,823 shares during the last quarter. Kensington Asset Management LLC lifted its position in iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after acquiring an additional 434,772 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares Floating Rate Bond ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock valued at $55,346,000 after acquiring an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.97 on Friday. The company has a fifty day moving average of $50.97 and a two-hundred day moving average of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.08.

About iShares Floating Rate Bond ETF

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.