Farther Finance Advisors LLC Has $3.43 Million Holdings in iShares Floating Rate Bond ETF $FLOT

Farther Finance Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 20.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,213 shares of the company’s stock after acquiring an additional 11,575 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,434,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Tompkins Financial Corp bought a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth about $25,000. SYM FINANCIAL Corp bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter worth about $37,000. TFC Financial Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter worth about $40,000. SVB Wealth LLC acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $43,000. Finally, Wagner Wealth Management LLC bought a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $63,000.

iShares Floating Rate Bond ETF Stock Down 0.3%

BATS:FLOT opened at $50.82 on Thursday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The business has a 50 day moving average price of $50.95 and a two-hundred day moving average price of $50.95.

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.