Foundations Investment Advisors LLC Acquires 23,188 Shares of iShares Floating Rate Bond ETF $FLOT

Foundations Investment Advisors LLC boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 25.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,620 shares of the company’s stock after purchasing an additional 23,188 shares during the period. Foundations Investment Advisors LLC owned about 0.06% of iShares Floating Rate Bond ETF worth $5,753,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Quadrature Capital Ltd lifted its position in shares of iShares Floating Rate Bond ETF by 15,997.2% during the 2nd quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after buying an additional 650,127 shares during the period. RMG Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter valued at $24,254,000. Walker Financial Services Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $22,448,000. WNY Asset Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 435.2% in the 2nd quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock valued at $25,763,000 after purchasing an additional 410,612 shares in the last quarter. Finally, Trustmark Bank Trust Department grew its holdings in shares of iShares Floating Rate Bond ETF by 153.3% in the 2nd quarter. Trustmark Bank Trust Department now owns 668,097 shares of the company’s stock worth $34,086,000 after purchasing an additional 404,368 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $51.03 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The company’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $50.96.

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.