Alesco Advisors LLC An ESL Co Purchases 52,023 Shares of iShares Floating Rate Bond ETF $FLOT

Alesco Advisors LLC An ESL Co lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 60.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 138,500 shares of the company’s stock after buying an additional 52,023 shares during the quarter. Alesco Advisors LLC An ESL Co’s holdings in iShares Floating Rate Bond ETF were worth $7,057,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Crews Bank & Trust grew its holdings in iShares Floating Rate Bond ETF by 132.3% in the fourth quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock worth $4,090,000 after purchasing an additional 45,795 shares during the last quarter. Shira Ridge Wealth Management increased its holdings in shares of iShares Floating Rate Bond ETF by 73.6% in the fourth quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock valued at $7,056,000 after purchasing an additional 58,813 shares during the period. Apollon Wealth Management LLC increased its holdings in iShares Floating Rate Bond ETF by 6.4% in the 4th quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock worth $9,790,000 after buying an additional 11,514 shares during the period. International Assets Investment Management LLC increased its holdings in iShares Floating Rate Bond ETF by 68.3% in the 4th quarter. International Assets Investment Management LLC now owns 36,337 shares of the company’s stock worth $1,848,000 after buying an additional 14,752 shares during the period. Finally, Sowell Financial Services LLC raised its position in iShares Floating Rate Bond ETF by 76.0% during the 4th quarter. Sowell Financial Services LLC now owns 65,183 shares of the company’s stock worth $3,315,000 after buying an additional 28,156 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $50.99 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The company has a 50 day simple moving average of $50.98 and a two-hundred day simple moving average of $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.