Money Concepts Capital Corp Acquires 65,354 Shares of iShares Floating Rate Bond ETF $FLOT

Money Concepts Capital Corp grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1,208.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 70,763 shares of the company’s stock after acquiring an additional 65,354 shares during the period. Money Concepts Capital Corp’s holdings in iShares Floating Rate Bond ETF were worth $3,605,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Financial Sense Advisors Inc. raised its stake in iShares Floating Rate Bond ETF by 772.5% in the 3rd quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock valued at $36,141,000 after acquiring an additional 626,378 shares during the period. Focus Partners Wealth boosted its position in iShares Floating Rate Bond ETF by 5,292.9% during the fourth quarter. Focus Partners Wealth now owns 598,555 shares of the company’s stock worth $30,443,000 after purchasing an additional 587,456 shares during the period. New England Private Wealth Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 1,456.2% in the fourth quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock valued at $25,952,000 after purchasing an additional 477,237 shares during the last quarter. Northern Trust Corp increased its holdings in shares of iShares Floating Rate Bond ETF by 8.6% in the fourth quarter. Northern Trust Corp now owns 5,453,861 shares of the company’s stock valued at $277,383,000 after purchasing an additional 432,264 shares during the last quarter. Finally, Milestone Asset Management LLC raised its position in shares of iShares Floating Rate Bond ETF by 2,121.5% in the fourth quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock valued at $18,677,000 after purchasing an additional 350,700 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.97 on Friday. The firm has a 50-day moving average of $50.97 and a 200-day moving average of $50.93. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09.

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.