Alesco Advisors LLC Raises Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Alesco Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 22.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 88,981 shares of the company’s stock after acquiring an additional 16,211 shares during the quarter. Alesco Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,546,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $61,900,000. Quadrature Capital Ltd increased its position in shares of iShares Floating Rate Bond ETF by 15,997.2% in the second quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after purchasing an additional 650,127 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at about $24,254,000. Walker Financial Services Inc. purchased a new stake in iShares Floating Rate Bond ETF during the third quarter valued at about $22,448,000. Finally, WNY Asset Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 435.2% in the second quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock worth $25,763,000 after purchasing an additional 410,612 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0%

Shares of FLOT stock opened at $50.97 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The business’s 50 day moving average price is $50.92 and its 200-day moving average price is $50.95.

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.