iShares Floating Rate Bond ETF $FLOT Shares Newly Acquired by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 276,349 shares of the company’s stock, valued at approximately $14,108,000. iShares Floating Rate Bond ETF makes up approximately 6.0% of PFG Private Wealth Management LLC’s holdings, making the stock its 5th biggest position. PFG Private Wealth Management LLC owned approximately 0.16% of iShares Floating Rate Bond ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Evolution Wealth Management Inc. purchased a new position in iShares Floating Rate Bond ETF in the first quarter worth approximately $25,000. Tompkins Financial Corp acquired a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $25,000. Bayban acquired a new position in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $37,000. Global Assets Advisory LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $75,000. Finally, Wellington Grp LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $75,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT traded up $0.01 during midday trading on Thursday, reaching $50.95. The stock had a trading volume of 1,653,026 shares, compared to its average volume of 1,911,089. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.08. The company’s fifty day simple moving average is $50.96 and its two-hundred day simple moving average is $50.95.

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.