iShares Floating Rate Bond ETF $FLOT Shares Purchased by Beirne Wealth Consulting Services LLC

Beirne Wealth Consulting Services LLC grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 11.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 130,232 shares of the company’s stock after buying an additional 13,709 shares during the period. iShares Floating Rate Bond ETF accounts for 1.9% of Beirne Wealth Consulting Services LLC’s investment portfolio, making the stock its 16th biggest position. Beirne Wealth Consulting Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,636,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Focus Partners Wealth increased its position in iShares Floating Rate Bond ETF by 8.9% during the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock worth $678,000 after purchasing an additional 1,088 shares in the last quarter. Diversify Wealth Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 70.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock worth $606,000 after purchasing an additional 4,907 shares during the last quarter. Transamerica Financial Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 5.8% during the second quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock worth $2,732,000 after buying an additional 2,934 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Floating Rate Bond ETF by 13.7% in the second quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock valued at $57,364,000 after buying an additional 135,488 shares during the last quarter. Finally, Ausdal Financial Partners Inc. raised its position in shares of iShares Floating Rate Bond ETF by 30.6% in the second quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock valued at $1,138,000 after buying an additional 5,231 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09. The company’s 50 day simple moving average is $50.97 and its 200 day simple moving average is $50.93.

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.