16,284 Shares of iShares Floating Rate Bond ETF $FLOT Acquired by Inscription Capital LLC

Inscription Capital LLC acquired a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, Holdings Channel reports. The fund acquired 16,284 shares of the company’s stock, valued at approximately $831,000.

Several other large investors have also bought and sold shares of the company. Citadel Advisors LLC bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $8,303,000. Private Client Services LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $677,000. Compass Financial Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth $5,930,000. Paces Ferry Wealth Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 6.9% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 162,791 shares of the company’s stock worth $8,294,000 after purchasing an additional 10,457 shares during the last quarter. Finally, Vertrix Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the second quarter worth $11,888,000.

iShares Floating Rate Bond ETF Trading Up 0.0%

Shares of BATS:FLOT traded up $0.01 during midday trading on Friday, reaching $50.84. 2,105,036 shares of the company’s stock traded hands, compared to its average volume of 1,914,095. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.08. The stock has a 50 day moving average of $50.95 and a 200 day moving average of $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.