Capital Advisory Group Advisory Services LLC Raises Stake in iShares Floating Rate Bond ETF $FLOT

Capital Advisory Group Advisory Services LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 27.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 176,076 shares of the company’s stock after acquiring an additional 37,783 shares during the quarter. iShares Floating Rate Bond ETF makes up 2.8% of Capital Advisory Group Advisory Services LLC’s investment portfolio, making the stock its 4th largest position. Capital Advisory Group Advisory Services LLC owned approximately 0.10% of iShares Floating Rate Bond ETF worth $8,995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLOT. Bogart Wealth LLC boosted its position in iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after purchasing an additional 196 shares during the period. Hohimer Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 2.9% during the 2nd quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock valued at $484,000 after buying an additional 271 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 7.0% in the 2nd quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock worth $237,000 after buying an additional 302 shares during the period. Toews Corp ADV grew its stake in iShares Floating Rate Bond ETF by 0.6% in the 2nd quarter. Toews Corp ADV now owns 49,228 shares of the company’s stock valued at $2,512,000 after buying an additional 304 shares in the last quarter. Finally, Optivise Advisory Services LLC raised its holdings 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 acquiring an additional 311 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.97 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The stock’s fifty day moving average price is $50.92 and its two-hundred day moving average price is $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.