iShares Floating Rate Bond ETF $FLOT is Paces Ferry Wealth Advisors LLC’s 8th Largest Position

Paces Ferry Wealth Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 162,791 shares of the company’s stock after acquiring an additional 10,457 shares during the period. iShares Floating Rate Bond ETF accounts for 3.4% of Paces Ferry Wealth Advisors LLC’s holdings, making the stock its 8th biggest position. Paces Ferry Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $8,294,000 at the end of the most recent quarter.

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

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock 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 firm’s 50-day simple moving average is $50.98 and its 200 day simple moving average is $50.93.

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.