Forbes Financial Planning Inc. raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 9.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 152,334 shares of the company’s stock after purchasing an additional 12,742 shares during the quarter. iShares Floating Rate Bond ETF comprises 4.5% of Forbes Financial Planning Inc.’s portfolio, making the stock its 11th largest position. Forbes Financial Planning Inc.’s holdings in iShares Floating Rate Bond ETF were worth $7,761,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of the stock. Worth Asset Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter worth $1,431,000. Summit Wealth Partners LLC increased its stake in iShares Floating Rate Bond ETF by 27.8% during the first quarter. Summit Wealth Partners LLC now owns 5,119 shares of the company’s stock worth $261,000 after acquiring an additional 1,112 shares during the last quarter. Brookstone Capital Management raised its holdings in shares of iShares Floating Rate Bond ETF by 3.9% in the 1st quarter. Brookstone Capital Management now owns 65,246 shares of the company’s stock worth $3,324,000 after purchasing an additional 2,450 shares during the period. Ballast Rock Private Wealth LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 6.7% in the 1st quarter. Ballast Rock Private Wealth LLC now owns 19,018 shares of the company’s stock worth $969,000 after purchasing an additional 1,197 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of iShares Floating Rate Bond ETF by 47.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 212,915 shares of the company’s stock valued at $10,829,000 after purchasing an additional 68,329 shares in the last quarter.
iShares Floating Rate Bond ETF Trading Up 0.0%
Shares of BATS:FLOT opened at $51.01 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09. The stock has a 50-day simple moving average of $50.95 and a 200-day simple moving average of $50.92.
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.
Recommended Stories
- Five stocks we like better than iShares Floating Rate Bond ETF
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
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).
Receive News & Ratings for iShares Floating Rate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
