Foundations Investment Advisors LLC Boosts Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Foundations Investment Advisors LLC boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 77.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,567 shares of the company’s stock after purchasing an additional 9,818 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,148,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after acquiring an additional 91,686 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in iShares Floating Rate Bond ETF by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock valued at $1,276,000 after purchasing an additional 502 shares during the period. Sanctuary Advisors LLC lifted its position in shares of iShares Floating Rate Bond ETF by 14.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after purchasing an additional 12,859 shares during the period. Atria Investments Inc boosted its stake in shares of iShares Floating Rate Bond ETF by 65.0% during the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after purchasing an additional 5,979 shares in the last quarter. Finally, TCP Asset Management LLC increased its holdings in iShares Floating Rate Bond ETF by 15.7% during the third quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock valued at $17,693,000 after buying an additional 47,061 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.06 on Wednesday. The business has a fifty day moving average price of $50.94 and a 200 day moving average price of $50.94. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

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.