DAVENPORT & Co LLC Buys 73,015 Shares of iShares Floating Rate Bond ETF $FLOT

DAVENPORT & Co LLC grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,453,519 shares of the company’s stock after buying an additional 73,015 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Floating Rate Bond ETF were worth $73,926,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Quadrature Capital Ltd raised its holdings in shares of iShares Floating Rate Bond ETF by 15,997.2% during the second quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after acquiring an additional 650,127 shares during the period. Financial Sense Advisors Inc. boosted its stake in iShares Floating Rate Bond ETF by 772.5% in the 3rd quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after purchasing an additional 626,378 shares during the period. New York Life Investment Management LLC increased its holdings in iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after purchasing an additional 607,046 shares in the last quarter. Walker Financial Services Inc. bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth about $22,448,000. Finally, Northern Trust Corp raised its stake in shares of iShares Floating Rate Bond ETF by 8.9% in the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock valued at $256,528,000 after purchasing an additional 408,643 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Wednesday. The stock’s 50-day moving average is $50.94 and its 200-day moving average is $50.94. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34.

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.