Trek Financial LLC Acquires 15,146 Shares of iShares Floating Rate Bond ETF $FLOT

Trek Financial LLC grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 80.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,866 shares of the company’s stock after buying an additional 15,146 shares during the quarter. Trek Financial LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,728,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of FLOT. Beaird Harris Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 0.8% in the first quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock worth $1,905,000 after buying an additional 286 shares during the period. Focus Financial Network Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 32.6% during the 2nd quarter. Focus Financial Network Inc. now owns 11,841 shares of the company’s stock worth $604,000 after acquiring an additional 2,912 shares during the period. Carmel Capital Partners LLC raised its position in shares of iShares Floating Rate Bond ETF by 5.3% in the 2nd quarter. Carmel Capital Partners LLC now owns 103,591 shares of the company’s stock worth $5,285,000 after acquiring an additional 5,255 shares in the last quarter. Wagner Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth approximately $63,000. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 27.9% in the 2nd 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 period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.90 on Thursday. The stock’s 50 day moving average is $50.97 and its 200 day moving average is $50.95. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34.

iShares Floating Rate Bond ETF Company 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.