Envestnet Asset Management Inc. Buys 227,212 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Envestnet Asset Management Inc. boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 4.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 4,824,324 shares of the company’s stock after purchasing an additional 227,212 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $245,703,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLOT. Janney Montgomery Scott LLC increased its position in iShares Floating Rate Bond ETF by 4.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,578,099 shares of the company’s stock valued at $80,341,000 after purchasing an additional 71,696 shares during the period. Assetmark Inc. increased its position in iShares Floating Rate Bond ETF by 139.8% during the 1st quarter. Assetmark Inc. now owns 1,265,087 shares of the company’s stock valued at $64,406,000 after purchasing an additional 737,434 shares during the period. AJ Wealth Strategies LLC increased its position in iShares Floating Rate Bond ETF by 8.3% during the 1st quarter. AJ Wealth Strategies LLC now owns 1,058,803 shares of the company’s stock valued at $53,904,000 after purchasing an additional 81,108 shares during the period. MD Financial Management Inc. purchased a new position in iShares Floating Rate Bond ETF during the 2nd quarter valued at about $37,673,000. Finally, Haverford Trust Co. increased its position in iShares Floating Rate Bond ETF by 4.8% during the 1st quarter. Haverford Trust Co. now owns 721,266 shares of the company’s stock valued at $36,720,000 after purchasing an additional 33,243 shares during the period.

BATS FLOT remained flat at $$50.83 during trading on Thursday. 745,322 shares of the company’s stock were exchanged. The business’s 50-day simple moving average is $50.88. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

See Also: Special Dividends

Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT).

Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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