WorthPointe LLC Invests $653,000 in iShares Floating Rate Bond ETF $FLOT

WorthPointe LLC acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,777 shares of the company’s stock, valued at approximately $653,000.

Other large investors have also bought and sold shares of the company. Hohimer Wealth Management LLC raised its holdings in iShares Floating Rate Bond ETF by 2.9% during the 2nd quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock worth $484,000 after purchasing an additional 271 shares during the last quarter. Beaird Harris Wealth Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 0.8% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock valued at $1,905,000 after purchasing an additional 286 shares during the period. IHT Wealth Management LLC raised its position in iShares Floating Rate Bond ETF by 7.0% in the 2nd quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock valued at $237,000 after buying an additional 302 shares during the last quarter. Toews Corp ADV increased its stake in iShares Floating Rate Bond ETF by 0.6% in the 2nd quarter. Toews Corp ADV now owns 49,228 shares of the company’s stock valued at $2,512,000 after buying an additional 304 shares during the last quarter. Finally, Optivise Advisory Services LLC raised its holdings in iShares Floating Rate Bond ETF by 6.8% during the second quarter. Optivise Advisory Services LLC now owns 4,891 shares of the company’s stock worth $250,000 after acquiring an additional 311 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.3%

Shares of FLOT stock opened at $50.82 on Monday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The company has a fifty day moving average price of $50.94 and a two-hundred day moving average price of $50.95.

iShares Floating Rate Bond ETF 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.