First United Bank & Trust Has $1.61 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

First United Bank & Trust increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,657 shares of the company’s stock after purchasing an additional 3,918 shares during the period. First United Bank & Trust’s holdings in iShares Floating Rate Bond ETF were worth $1,611,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after buying an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares Floating Rate Bond ETF by 2.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after purchasing an additional 502 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in iShares Floating Rate Bond ETF by 14.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock valued at $5,294,000 after purchasing an additional 12,859 shares during the period. Atria Investments Inc grew its position in shares of iShares Floating Rate Bond ETF by 65.0% during the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after purchasing an additional 5,979 shares in the last quarter. Finally, Smith Thornton Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF during the second quarter worth approximately $460,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.02 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The stock’s fifty day moving average is $50.94 and its 200 day moving average is $50.94.

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.