Capital Asset Advisory Services LLC Acquires 944 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Capital Asset Advisory Services LLC raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 53,692 shares of the company’s stock after purchasing an additional 944 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,733,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Franklin Resources Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 31.0% during the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after purchasing an additional 1,118,243 shares during the period. Haverford Trust Co increased its stake in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after purchasing an additional 16,112 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares Floating Rate Bond ETF by 13.8% during the second quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock worth $49,860,000 after purchasing an additional 118,392 shares during the period. Demars Financial Group LLC increased its stake in shares of iShares Floating Rate Bond ETF by 0.9% during the third quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock worth $37,928,000 after purchasing an additional 6,805 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of BATS FLOT opened at $51.05 on Monday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The business’s 50 day moving average is $50.94 and its 200-day moving average is $50.94.

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.