Charter Oak Capital Management LLC Increases Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Charter Oak Capital Management LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 53.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,755 shares of the company’s stock after buying an additional 3,418 shares during the period. Charter Oak Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $498,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Demars Financial Group LLC boosted its position in shares of iShares Floating Rate Bond ETF by 5,019.0% in the fourth quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock valued at $1,935,446,000 after acquiring an additional 37,296,320 shares during the period. Bank of America Corp DE lifted its position in iShares Floating Rate Bond ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock valued at $401,349,000 after purchasing an additional 295,184 shares during the last quarter. Proficio Capital Partners LLC raised its stake in shares of iShares Floating Rate Bond ETF by 2,108.2% during the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares Floating Rate Bond ETF by 4.4% during the fourth quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after acquiring an additional 149,228 shares in the last quarter. Finally, New York Life Investment Management LLC raised its holdings in iShares Floating Rate Bond ETF by 12.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after buying an additional 347,836 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.84 on Friday. The company’s fifty day simple moving average is $50.75 and its two-hundred day simple moving average is $50.89. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34.

iShares Floating Rate Bond ETF Company 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.