Private Client Services LLC boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 53.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,662 shares of the company’s stock after purchasing an additional 2,329 shares during the quarter. Private Client Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $339,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in FLOT. Logan Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $27,000. Eastern Bank bought a new position in iShares Floating Rate Bond ETF during the third quarter worth about $41,000. Finally, Bull Oak Capital LLC acquired a new position in iShares Floating Rate Bond ETF during the third quarter worth $115,000.
iShares Floating Rate Bond ETF Price Performance
Shares of FLOT stock traded up $0.02 during trading hours on Wednesday, hitting $50.93. 1,471,248 shares of the company’s stock were exchanged. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The stock’s 50-day moving average is $50.93 and its 200-day moving average is $50.94.
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.
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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 – Free Report).
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