23,000 Shares of iShares Floating Rate Bond ETF $FLOT Bought by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, Holdings Channel.com reports. The fund bought 23,000 shares of the company’s stock, valued at approximately $1,174,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Tompkins Financial Corp purchased a new stake in iShares Floating Rate Bond ETF during the third quarter valued at about $25,000. NFSG Corp purchased a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth $50,000. Global Assets Advisory LLC bought a new stake in iShares Floating Rate Bond ETF in the first quarter worth $75,000. Wellington Grp LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the first quarter worth about $75,000. Finally, Coastline Trust Co bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $81,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $50.84 on Tuesday. The firm has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08.

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.