C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires New Position in iShares Floating Rate Bond ETF $FLOT

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,770 shares of the company’s stock, valued at approximately $550,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLOT. Hohimer Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 2.9% during the second quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock worth $484,000 after buying an additional 271 shares during the period. IHT Wealth Management LLC lifted its position in iShares Floating Rate Bond ETF by 7.0% during the 2nd quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock worth $237,000 after acquiring an additional 302 shares during the period. Toews Corp ADV lifted its position in iShares Floating Rate Bond ETF by 0.6% during the 2nd quarter. Toews Corp ADV now owns 49,228 shares of the company’s stock worth $2,512,000 after acquiring an additional 304 shares during the period. Optivise Advisory Services LLC grew its stake in iShares Floating Rate Bond ETF by 6.8% during the 2nd quarter. Optivise Advisory Services LLC now owns 4,891 shares of the company’s stock valued at $250,000 after purchasing an additional 311 shares during the last quarter. Finally, Register Financial Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 2.6% in the second quarter. Register Financial Advisors LLC now owns 12,541 shares of the company’s stock valued at $640,000 after purchasing an additional 312 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.87 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The business has a 50-day moving average price of $50.93 and a 200-day moving average price of $50.95.

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.