37,010 Shares in iShares Floating Rate Bond ETF $FLOT Bought by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 37,010 shares of the company’s stock, valued at approximately $1,891,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Focus Partners Wealth boosted its holdings in shares of iShares Floating Rate Bond ETF by 8.9% in the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after buying an additional 1,088 shares during the period. Chicago Partners Investment Group LLC bought a new position in iShares Floating Rate Bond ETF in the second quarter worth about $626,000. WBH Advisory Inc. boosted its stake in iShares Floating Rate Bond ETF by 13.5% in the second quarter. WBH Advisory Inc. now owns 23,614 shares of the company’s stock valued at $1,205,000 after acquiring an additional 2,802 shares during the period. Whittier Trust Co. grew its holdings in shares of iShares Floating Rate Bond ETF by 249.8% during the second quarter. Whittier Trust Co. now owns 3,865 shares of the company’s stock valued at $197,000 after purchasing an additional 2,760 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 27.9% during the second quarter. Cullen Frost Bankers Inc. now owns 4,418 shares of the company’s stock valued at $225,000 after purchasing an additional 963 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.97 on Wednesday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The stock’s 50 day simple moving average is $50.92 and its 200 day simple moving average is $50.95.

iShares Floating Rate Bond ETF 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.