International Assets Investment Management LLC Buys 42,694 Shares of iShares Floating Rate Bond ETF $FLOT

International Assets Investment Management LLC increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 56.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,401 shares of the company’s stock after acquiring an additional 42,694 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,022,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Glenview Trust Co boosted its stake in iShares Floating Rate Bond ETF by 3.4% during the third quarter. Glenview Trust Co now owns 3,253,697 shares of the company’s stock worth $166,101,000 after acquiring an additional 107,720 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in 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 worth $103,401,000 after purchasing an additional 230,814 shares during the period. Assetmark Inc. grew its holdings in iShares Floating Rate Bond ETF by 2.4% in the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock worth $100,141,000 after purchasing an additional 46,823 shares during the period. Kensington Asset Management LLC increased its stake in iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after purchasing an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in iShares Floating Rate Bond ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock valued at $55,346,000 after purchasing an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0%

Shares of BATS FLOT opened at $50.84 on Friday. The firm’s 50-day moving average price is $50.95 and its 200-day moving average price is $50.95. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.08.

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.