Whittier Trust Co. Boosts Holdings in iShares Floating Rate Bond ETF $FLOT

Whittier Trust Co. increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 249.8% during the second quarter, Holdings Channel reports. The firm owned 3,865 shares of the company’s stock after acquiring an additional 2,760 shares during the quarter. Whittier Trust Co.’s holdings in iShares Floating Rate Bond ETF were worth $197,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Spire Wealth Management lifted its holdings in iShares Floating Rate Bond ETF by 13.0% in the 1st quarter. Spire Wealth Management now owns 1,880 shares of the company’s stock worth $96,000 after purchasing an additional 217 shares in the last quarter. Pinnacle Associates Ltd. lifted its holdings in iShares Floating Rate Bond ETF by 1.7% in the 1st quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock worth $769,000 after purchasing an additional 251 shares in the last quarter. Cresset Asset Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 0.6% in the 1st quarter. Cresset Asset Management LLC now owns 43,171 shares of the company’s stock worth $2,204,000 after purchasing an additional 252 shares in the last quarter. Peddock Capital Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 6.7% in the 1st quarter. Peddock Capital Advisors LLC now owns 4,247 shares of the company’s stock worth $217,000 after purchasing an additional 267 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 0.8% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock worth $1,905,000 after purchasing an additional 286 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $51.05 on Friday. The stock’s 50 day moving average is $50.97 and its 200 day moving average is $50.91. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34.

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.