Janney Montgomery Scott LLC Has $4.13 Million Stake in iShares Floating Rate Bond ETF $FLOT

Janney Montgomery Scott LLC raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 26.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,982 shares of the company’s stock after acquiring an additional 17,058 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,132,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Two West Capital Advisors LLC boosted its position in iShares Floating Rate Bond ETF by 1.6% during the first quarter. Two West Capital Advisors LLC now owns 12,930 shares of the company’s stock valued at $651,000 after purchasing an additional 200 shares during the last quarter. Spire Wealth Management boosted its position in iShares Floating Rate Bond ETF by 13.0% during the first quarter. Spire Wealth Management now owns 1,880 shares of the company’s stock valued at $96,000 after purchasing an additional 217 shares during the last quarter. Pinnacle Associates Ltd. boosted its position in iShares Floating Rate Bond ETF by 1.7% during the first quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock valued at $769,000 after purchasing an additional 251 shares during the last quarter. Cresset Asset Management LLC boosted its position in iShares Floating Rate Bond ETF by 0.6% during the first quarter. Cresset Asset Management LLC now owns 43,171 shares of the company’s stock valued at $2,204,000 after purchasing an additional 252 shares during the last quarter. Finally, Bluesphere Advisors LLC boosted its position in iShares Floating Rate Bond ETF by 0.8% during the first quarter. Bluesphere Advisors LLC now owns 33,745 shares of the company’s stock valued at $1,723,000 after purchasing an additional 260 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.93 on Wednesday. The stock has a 50 day moving average price of $50.97 and a 200 day moving average price of $50.89. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week 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.