WNY Asset Management LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 220,958 shares of the company’s stock, valued at approximately $11,258,000. iShares Floating Rate Bond ETF makes up 1.2% of WNY Asset Management LLC’s investment portfolio, making the stock its 18th largest holding.
Several other hedge funds also recently made changes to their positions in FLOT. Wellington Grp LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the first quarter valued at approximately $75,000. Kensington Asset Management LLC grew its position in iShares Floating Rate Bond ETF by 39.9% during the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after buying an additional 434,772 shares in the last quarter. Western Wealth Management LLC increased its stake in iShares Floating Rate Bond ETF by 14.7% during the 1st quarter. Western Wealth Management LLC now owns 24,027 shares of the company’s stock worth $1,224,000 after acquiring an additional 3,087 shares during the period. Arkadios Wealth Advisors increased its stake in iShares Floating Rate Bond ETF by 3.3% during the 1st quarter. Arkadios Wealth Advisors now owns 57,685 shares of the company’s stock worth $2,939,000 after acquiring an additional 1,869 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $47,775,000.
iShares Floating Rate Bond ETF Stock Down 0.0%
Shares of BATS FLOT opened at $51.06 on Friday. The business has a fifty day moving average price of $50.99 and a two-hundred day moving average price of $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09.
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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