iShares Floating Rate Bond ETF $FLOT Shares Bought by XY Planning Network Inc.

XY Planning Network Inc. increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 22.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,425 shares of the company’s stock after purchasing an additional 14,566 shares during the quarter. XY Planning Network Inc.’s holdings in iShares Floating Rate Bond ETF were worth $4,004,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Glenview Trust Co boosted its position in iShares Floating Rate Bond ETF by 7.4% in the first quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock valued at $159,480,000 after buying an additional 216,519 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 12.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after buying an additional 230,814 shares during the last quarter. Assetmark Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 2.4% during the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock worth $100,141,000 after buying an additional 46,823 shares in the last quarter. Kensington Asset Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 39.9% during the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after buying an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of iShares Floating Rate Bond ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock worth $55,346,000 after buying an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.08. The stock has a fifty day moving average of $50.96 and a 200-day moving average of $50.95.

iShares Floating Rate Bond ETF Company 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.