iShares Floating Rate Bond ETF $FLOT Shares Acquired by Paces Ferry Wealth Advisors LLC

Paces Ferry Wealth Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,791 shares of the company’s stock after buying an additional 10,457 shares during the quarter. iShares Floating Rate Bond ETF accounts for 3.4% of Paces Ferry Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. Paces Ferry Wealth Advisors LLC owned 0.09% of iShares Floating Rate Bond ETF worth $8,294,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLOT. L.K. Benson & Company P.C. raised its position in iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock worth $823,000 after acquiring an additional 204 shares in the last quarter. Donor Advised Charitable Giving Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 1.6% during the 4th quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock worth $732,000 after purchasing an additional 226 shares in the last quarter. Glen Eagle Advisors LLC grew its stake in shares of iShares Floating Rate Bond ETF by 6.6% during the 4th quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock worth $196,000 after purchasing an additional 237 shares during the period. North Star Investment Management Corp. grew its stake in shares of iShares Floating Rate Bond ETF by 18.6% during the 4th quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock worth $88,000 after purchasing an additional 271 shares during the period. Finally, Ascent Group LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 5.0% in the 4th quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after purchasing an additional 272 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09. The company has a 50-day simple moving average of $50.98 and a 200-day simple moving average of $50.93.

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.