Alesco Advisors LLC An ESL Co Acquires 52,023 Shares of iShares Floating Rate Bond ETF $FLOT

Alesco Advisors LLC An ESL Co lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 60.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,500 shares of the company’s stock after acquiring an additional 52,023 shares during the period. Alesco Advisors LLC An ESL Co owned 0.08% of iShares Floating Rate Bond ETF worth $7,057,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Evolution Wealth Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $30,000. Quarry LP purchased a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $36,000. Tucker Asset Management LLC purchased a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $37,000. Finally, Bayban bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $37,000.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.99 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The company has a 50-day moving average price of $50.98 and a 200 day moving average price of $50.94.

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.