Advyzon Investment Management LLC Boosts Position in iShares Floating Rate Bond ETF $FLOT

Advyzon Investment Management LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 283.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,847 shares of the company’s stock after purchasing an additional 19,846 shares during the quarter. Advyzon Investment Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,370,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in shares of iShares Floating Rate Bond ETF by 43.3% in the 1st quarter. Bank of New York Mellon Corp now owns 57,406 shares of the company’s stock valued at $2,931,000 after buying an additional 17,346 shares during the period. Cerity Partners LLC raised its position in shares of iShares Floating Rate Bond ETF by 7.5% during the 1st quarter. Cerity Partners LLC now owns 13,494 shares of the company’s stock valued at $689,000 after buying an additional 946 shares during the period. Diversify Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 16.4% in the first quarter. Diversify Wealth Management LLC now owns 6,984 shares of the company’s stock valued at $356,000 after acquiring an additional 984 shares during the last quarter. Stephens Inc. AR lifted its holdings in iShares Floating Rate Bond ETF by 5.8% in the first quarter. Stephens Inc. AR now owns 14,805 shares of the company’s stock valued at $756,000 after acquiring an additional 806 shares during the last quarter. Finally, Asset Dedication LLC purchased a new position in iShares Floating Rate Bond ETF in the first quarter worth approximately $29,000.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.92 on Tuesday. The business has a fifty day moving average of $50.96 and a two-hundred day moving average of $50.94. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34.

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.