iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Capital Market Strategies LLC

Capital Market Strategies LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 18.3% in the 4th quarter, HoldingsChannel reports. The firm owned 275,329 shares of the company’s stock after acquiring an additional 42,534 shares during the quarter. iShares Floating Rate Bond ETF accounts for 8.1% of Capital Market Strategies LLC’s portfolio, making the stock its 3rd largest holding. Capital Market Strategies LLC’s holdings in iShares Floating Rate Bond ETF were worth $14,009,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of FLOT. Franklin Resources Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after buying an additional 1,118,243 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 9.3% during the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after purchasing an additional 298,003 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares Floating Rate Bond ETF by 12.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock worth $100,545,000 after purchasing an additional 215,886 shares in the last quarter. Hsbc Holdings PLC increased its position in iShares Floating Rate Bond ETF by 18.3% during the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock worth $64,358,000 after purchasing an additional 194,624 shares in the last quarter. Finally, Haverford Trust Co lifted its stake in iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after purchasing an additional 16,112 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT traded up $0.01 during midday trading on Monday, reaching $50.91. 1,503,272 shares of the company were exchanged. The stock’s 50-day moving average price is $50.94 and its 200-day moving average price is $50.94. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

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.