Orion Portfolio Solutions LLC Increases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Orion Portfolio Solutions LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 8.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,455 shares of the company’s stock after purchasing an additional 3,453 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,167,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of iShares Floating Rate Bond ETF by 9.3% during the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after buying an additional 298,003 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Floating Rate Bond ETF by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock valued at $100,545,000 after purchasing an additional 215,886 shares during the period. Hsbc Holdings PLC lifted its stake in shares of iShares Floating Rate Bond ETF by 18.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock valued at $64,358,000 after purchasing an additional 194,624 shares during the last quarter. Haverford Trust Co grew its holdings in shares of iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after purchasing an additional 16,112 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Floating Rate Bond ETF by 13.8% during the 2nd quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock worth $49,860,000 after purchasing an additional 118,392 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.95 on Thursday. The company’s 50-day moving average price is $50.96 and its 200 day moving average price is $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

(Free Report)

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.

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