10,740 iShares Floating Rate Bond ETF $FLOT Shares Purchased by Monetary Solutions Ltd

Monetary Solutions Ltd raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 163,320 shares of the company’s stock after acquiring an additional 10,740 shares during the period. iShares Floating Rate Bond ETF makes up about 7.2% of Monetary Solutions Ltd’s portfolio, making the stock its 4th biggest position. Monetary Solutions Ltd’s holdings in iShares Floating Rate Bond ETF were worth $8,338,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Glenview Trust Co boosted its position in 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 worth $159,480,000 after purchasing an additional 216,519 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of 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 purchasing an additional 230,814 shares during the period. Assetmark Inc. boosted its holdings in iShares Floating Rate Bond ETF by 2.4% in the 1st quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock worth $100,141,000 after buying an additional 46,823 shares during the last quarter. Kensington Asset Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 39.9% during the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after purchasing an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Floating Rate Bond ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock worth $55,346,000 after buying an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.00 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.08. The company has a 50-day moving average of $50.97 and a 200 day moving average of $50.96.

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.