Tempo Wealth LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 37,232 shares of the company’s stock, valued at approximately $1,894,000.
Several other large investors have also added to or reduced their stakes in FLOT. Focus Partners Wealth raised its holdings in iShares Floating Rate Bond ETF by 8.9% in the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock worth $678,000 after purchasing an additional 1,088 shares in the last quarter. Diversify Wealth Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 70.3% during the second quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock valued at $606,000 after buying an additional 4,907 shares during the period. Transamerica Financial Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 5.8% during the second quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock valued at $2,732,000 after buying an additional 2,934 shares during the period. Raymond James Financial Inc. raised its stake in iShares Floating Rate Bond ETF by 13.7% in the second quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock worth $57,364,000 after buying an additional 135,488 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in iShares Floating Rate Bond ETF by 30.6% in the second quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock worth $1,138,000 after buying an additional 5,231 shares in the last quarter.
iShares Floating Rate Bond ETF Stock Performance
Shares of FLOT opened at $51.00 on Friday. The company has a 50-day simple moving average of $50.95 and a two-hundred day simple moving average of $50.92. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.09.
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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