International Assets Investment Management LLC Invests $707,000 in iShares Floating Rate Bond ETF (BATS:FLOT)

International Assets Investment Management LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 13,893 shares of the company’s stock, valued at approximately $707,000.

Several other institutional investors also recently bought and sold shares of FLOT. Principal Financial Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 79.2% in the second quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock valued at $2,150,000 after acquiring an additional 18,600 shares in the last quarter. Choreo LLC purchased a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at $377,000. Coldstream Capital Management Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 2.0% during the second quarter. Coldstream Capital Management Inc. now owns 15,071 shares of the company’s stock worth $770,000 after buying an additional 301 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 9.3% during the second quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock worth $178,620,000 after buying an additional 298,003 shares in the last quarter. Finally, PFG Advisors lifted its stake in shares of iShares Floating Rate Bond ETF by 17.7% in the second quarter. PFG Advisors now owns 44,394 shares of the company’s stock worth $2,268,000 after buying an additional 6,671 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $50.94 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The firm’s 50-day moving average price is $50.93 and its 200 day moving average price is $50.94.

About iShares Floating Rate Bond ETF

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.