Independent Financial Group LLC bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund bought 31,273 shares of the company’s stock, valued at approximately $1,593,000.
Other large investors also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $30,000. Quarry LP bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $36,000. Tucker Asset Management LLC bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $37,000. Finally, Bayban acquired a new position in iShares Floating Rate Bond ETF during the fourth quarter worth $37,000.
iShares Floating Rate Bond ETF Stock Performance
BATS FLOT opened at $50.98 on Monday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09. The stock’s 50-day moving average is $50.98 and its two-hundred day moving average is $50.93.
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.
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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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