Foundations Investment Advisors LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,749 shares of the company’s stock, valued at approximately $651,000.
A number of other hedge funds have also made changes to their positions in the stock. Pine Valley Investments Ltd Liability Co boosted its position in iShares Floating Rate Bond ETF by 1.5% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock worth $722,000 after purchasing an additional 210 shares during the period. Schmidt P J Investment Management Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 4.4% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock worth $286,000 after buying an additional 235 shares during the period. Spire Wealth Management grew its stake in iShares Floating Rate Bond ETF by 3.5% in the 2nd quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after buying an additional 236 shares during the last quarter. Western Financial Corp CA raised its holdings in iShares Floating Rate Bond ETF by 1.9% in the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after acquiring an additional 256 shares during the period. Finally, Shira Ridge Wealth Management lifted its position in iShares Floating Rate Bond ETF by 0.3% during the 1st quarter. Shira Ridge Wealth Management now owns 77,018 shares of the company’s stock worth $3,933,000 after acquiring an additional 258 shares during the last quarter.
iShares Floating Rate Bond ETF Stock Up 0.0 %
Shares of BATS:FLOT opened at $51.01 on Friday. The stock’s 50-day moving average is $50.95 and its 200-day moving average is $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.
iShares Floating Rate Bond ETF Increases Dividend
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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