Independent Wealth Network Inc. Raises Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Independent Wealth Network Inc. grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,137 shares of the company’s stock after purchasing an additional 466 shares during the quarter. Independent Wealth Network Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,126,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Logan Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $27,000. Eastern Bank acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $41,000. Finally, Bull Oak Capital LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $115,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.02 on Thursday. The business has a 50-day moving average of $50.94 and a 200-day moving average 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.