Forefront Analytics LLC raised its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 105.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,034 shares of the company’s stock after buying an additional 12,845 shares during the quarter. Forefront Analytics LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,274,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Demars Financial Group LLC boosted its stake in iShares Floating Rate Bond ETF by 5,019.0% in the fourth quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock valued at $1,935,446,000 after acquiring an additional 37,296,320 shares during the period. Bank of America Corp DE boosted its position in iShares Floating Rate Bond ETF by 3.9% during the 4th quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock valued at $401,349,000 after purchasing an additional 295,184 shares during the period. Proficio Capital Partners LLC grew its stake in iShares Floating Rate Bond ETF by 2,108.2% during the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after buying an additional 4,347,920 shares during the last quarter. LPL Financial LLC increased its position in iShares Floating Rate Bond ETF by 4.4% in the fourth quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after buying an additional 149,228 shares during the period. Finally, New York Life Investment Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 12.8% during the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after acquiring an additional 347,836 shares during the period.
iShares Floating Rate Bond ETF Stock Performance
iShares Floating Rate Bond ETF stock opened at $50.79 on Friday. The company has a 50-day simple moving average of $50.79 and a 200-day simple moving average of $50.91. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34.
iShares Floating Rate Bond ETF Cuts Dividend
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.
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