C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes $550,000 Position in iShares Floating Rate Bond ETF $FLOT

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, HoldingsChannel reports. The firm purchased 10,770 shares of the company’s stock, valued at approximately $550,000.

Other hedge funds also recently bought and sold shares of the company. Tompkins Financial Corp purchased a new stake in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $25,000. SYM FINANCIAL Corp acquired a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at $37,000. TFC Financial Management Inc. purchased a new position in iShares Floating Rate Bond ETF during the second quarter valued at $40,000. Wagner Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter worth about $63,000. Finally, Caldwell Trust Co purchased a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at about $64,000.

iShares Floating Rate Bond ETF Trading Down 0.2%

BATS:FLOT opened at $50.87 on Friday. The stock has a 50 day moving average of $50.93 and a two-hundred day moving average of $50.95. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34.

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.