Integrated Wealth Concepts LLC Acquires 191,633 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Integrated Wealth Concepts LLC lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 510.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 229,208 shares of the company’s stock after acquiring an additional 191,633 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.16% of iShares Floating Rate Bond ETF worth $11,699,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Csenge Advisory Group raised its stake in iShares Floating Rate Bond ETF by 3.1% in the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock worth $1,617,000 after purchasing an additional 953 shares in the last quarter. HTLF Bank bought a new stake in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $301,000. Lionsbridge Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the second quarter worth approximately $1,154,000. Principal Financial Group Inc. increased its stake in iShares Floating Rate Bond ETF by 79.2% during the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after acquiring an additional 18,600 shares during the period. Finally, Spire Wealth Management increased its stake in iShares Floating Rate Bond ETF by 3.5% during the 2nd quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after acquiring an additional 236 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.86 on Wednesday. The firm has a 50 day moving average of $50.96 and a 200-day moving average of $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

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.