4,900 Shares in iShares Floating Rate Bond ETF $FLOT Bought by Sharper & Granite LLC

Sharper & Granite LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,900 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds also recently made changes to their positions in FLOT. Hoge Financial Services LLC boosted its position in shares of iShares Floating Rate Bond ETF by 4.9% in the second quarter. Hoge Financial Services LLC now owns 167,485 shares of the company’s stock worth $8,569,000 after purchasing an additional 7,799 shares during the period. Strategic Blueprint LLC raised its position in shares of iShares Floating Rate Bond ETF by 147.4% during the 2nd quarter. Strategic Blueprint LLC now owns 17,484 shares of the company’s stock valued at $892,000 after purchasing an additional 10,418 shares during the period. D.A. Davidson & CO. lifted its stake in shares of iShares Floating Rate Bond ETF by 21.7% during the 2nd quarter. D.A. Davidson & CO. now owns 70,375 shares of the company’s stock valued at $3,591,000 after buying an additional 12,539 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in iShares Floating Rate Bond ETF by 27.9% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,418 shares of the company’s stock worth $225,000 after buying an additional 963 shares during the period. Finally, Whittier Trust Co. increased its stake in iShares Floating Rate Bond ETF by 249.8% in the 2nd quarter. Whittier Trust Co. now owns 3,865 shares of the company’s stock worth $197,000 after buying an additional 2,760 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $51.03 on Friday. The business’s 50-day simple moving average is $50.97 and its two-hundred day simple moving average is $50.90. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

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.