D.A. Davidson & CO. Purchases 2,015 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

D.A. Davidson & CO. grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 46,482 shares of the company’s stock after acquiring an additional 2,015 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Floating Rate Bond ETF were worth $2,372,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Comerica Bank increased its position in iShares Floating Rate Bond ETF by 1.5% in the 1st quarter. Comerica Bank now owns 72,286 shares of the company’s stock worth $3,691,000 after buying an additional 1,084 shares during the period. Cetera Advisors LLC grew its stake in shares of iShares Floating Rate Bond ETF by 19.5% in the first quarter. Cetera Advisors LLC now owns 204,010 shares of the company’s stock worth $10,417,000 after acquiring an additional 33,243 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV increased its position in iShares Floating Rate Bond ETF by 3.0% during the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 139,723 shares of the company’s stock worth $7,084,000 after acquiring an additional 4,031 shares during the period. City State Bank raised its stake in iShares Floating Rate Bond ETF by 33.8% during the 2nd quarter. City State Bank now owns 7,895 shares of the company’s stock valued at $403,000 after purchasing an additional 1,995 shares during the last quarter. Finally, Insight Wealth Strategies LLC boosted its holdings in iShares Floating Rate Bond ETF by 8.8% in the 2nd quarter. Insight Wealth Strategies LLC now owns 72,484 shares of the company’s stock valued at $3,703,000 after purchasing an additional 5,863 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $51.08 on Friday. The company’s fifty day moving average is $50.97 and its two-hundred day moving average is $50.97. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

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.