iShares Floating Rate Bond ETF $FLOT Stock: Walker Financial Services Inc. Increases Stake

Walker Financial Services Inc. increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 809,153 shares of the company’s stock after purchasing an additional 76,624 shares during the period. iShares Floating Rate Bond ETF accounts for 12.1% of Walker Financial Services Inc.’s portfolio, making the stock its 2nd largest holding. Walker Financial Services Inc. owned 0.46% of iShares Floating Rate Bond ETF worth $41,307,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new stake in iShares Floating Rate Bond ETF in the 1st quarter worth $47,775,000. RMG Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the first quarter valued at about $30,601,000. Alpine Bank Wealth Management lifted its position in shares of iShares Floating Rate Bond ETF by 631.2% in the third quarter. Alpine Bank Wealth Management now owns 684,450 shares of the company’s stock valued at $34,941,000 after acquiring an additional 590,842 shares in the last quarter. Towercrest Capital Management bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $28,377,000. Finally, Kensington Asset Management LLC boosted its stake in shares of 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 worth $77,685,000 after acquiring an additional 434,772 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.0%

BATS:FLOT opened at $51.01 on Wednesday. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.08. The stock has a 50-day moving average price of $50.97 and a 200 day moving average price of $50.95.

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.