24,281 Shares in iShares Floating Rate Bond ETF $FLOT Purchased by Nalls Sherbakoff Group LLC

Nalls Sherbakoff Group LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 24,281 shares of the company’s stock, valued at approximately $1,235,000. iShares Floating Rate Bond ETF accounts for about 0.9% of Nalls Sherbakoff Group LLC’s portfolio, making the stock its 23rd largest position.

Several other institutional investors have also recently added to or reduced their stakes in FLOT. Cascade Wealth Advisors Inc lifted its position in iShares Floating Rate Bond ETF by 26.3% during the 3rd quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock worth $12,561,000 after acquiring an additional 51,392 shares during the period. Crews Bank & Trust increased its holdings in shares of iShares Floating Rate Bond ETF by 132.3% in the fourth quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock valued at $4,090,000 after purchasing an additional 45,795 shares during the period. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $1,560,000. Apollon Wealth Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 6.4% during the fourth quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock worth $9,790,000 after purchasing an additional 11,514 shares during the last quarter. Finally, Shira Ridge Wealth Management raised its stake in shares of iShares Floating Rate Bond ETF by 73.6% during the fourth quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock worth $7,056,000 after purchasing an additional 58,813 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.00 on Friday. The stock has a fifty day moving average price of $50.95 and a 200 day moving average price of $50.92. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.09.

About iShares Floating Rate Bond ETF

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.