Sanctuary Advisors LLC Acquires 12,859 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Sanctuary Advisors LLC boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 14.2% during the 3rd quarter, Holdings Channel reports. The firm owned 103,726 shares of the company’s stock after buying an additional 12,859 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its stake in iShares Floating Rate Bond ETF by 5.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,337 shares of the company’s stock valued at $1,294,000 after buying an additional 1,382 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 29.1% in the second quarter. First Horizon Advisors Inc. now owns 5,797 shares of the company’s stock valued at $296,000 after purchasing an additional 1,308 shares in the last quarter. Capital Advisory Group Advisory Services LLC increased its position in iShares Floating Rate Bond ETF by 11.6% in the second quarter. Capital Advisory Group Advisory Services LLC now owns 117,226 shares of the company’s stock worth $5,989,000 after purchasing an additional 12,204 shares during the last quarter. Diversified Portfolios Inc. raised its stake in iShares Floating Rate Bond ETF by 60.4% during the second quarter. Diversified Portfolios Inc. now owns 617,966 shares of the company’s stock valued at $31,572,000 after purchasing an additional 232,798 shares in the last quarter. Finally, Essex LLC bought a new position in iShares Floating Rate Bond ETF during the second quarter valued at $410,000.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.97 on Monday. The company’s 50-day moving average price is $50.96 and its 200-day moving average price is $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month 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.