Alexis Investment Partners LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,764 shares of the company’s stock, valued at approximately $751,000.
Several other institutional investors also recently added to or reduced their stakes in FLOT. Bogart Wealth LLC raised its position in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after buying an additional 196 shares during the last quarter. Westfuller Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF during the third quarter worth about $28,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in iShares Floating Rate Bond ETF during the third quarter worth about $30,000. Atlantic Union Bankshares Corp bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at about $41,000. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares Floating Rate Bond ETF by 142.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after acquiring an additional 726 shares during the period.
iShares Floating Rate Bond ETF Price Performance
iShares Floating Rate Bond ETF stock opened at $50.94 on Monday. The business has a 50 day moving average price of $50.89 and a two-hundred day moving average price of $50.92. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month 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.
Further Reading
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