Focus Financial Network Inc. Buys 1,720 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Focus Financial Network Inc. increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 23.9% during the first quarter, HoldingsChannel reports. The firm owned 8,929 shares of the company’s stock after buying an additional 1,720 shares during the period. Focus Financial Network Inc.’s holdings in iShares Floating Rate Bond ETF were worth $456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Blueprint Investment Partners LLC purchased a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at $824,000. Principal Financial Group Inc. increased its position in iShares Floating Rate Bond ETF by 61.8% during the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after acquiring an additional 12,550 shares during the last quarter. Colonial Trust Advisors increased its position in iShares Floating Rate Bond ETF by 2.1% during the fourth quarter. Colonial Trust Advisors now owns 243,175 shares of the company’s stock valued at $12,373,000 after acquiring an additional 4,992 shares during the last quarter. Jones Financial Companies Lllp increased its position in iShares Floating Rate Bond ETF by 93.4% during the fourth quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock valued at $978,000 after acquiring an additional 9,287 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at $364,000.

iShares Floating Rate Bond ETF Trading Down 0.2%

iShares Floating Rate Bond ETF stock opened at $50.89 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The stock has a fifty day moving average of $50.79 and a 200 day moving average of $50.89.

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.