DHK Financial Advisors Inc. lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,726 shares of the company’s stock after purchasing an additional 574 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 1.0% of DHK Financial Advisors Inc.’s holdings, making the stock its 20th largest position. DHK Financial Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,614,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF in the third quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $27,000. Darwin Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the third quarter worth approximately $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $41,000. Finally, Bull Oak Capital LLC purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $115,000.
iShares Floating Rate Bond ETF Stock Performance
FLOT stock opened at $51.06 on Wednesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock’s fifty day moving average price is $50.94 and its 200-day moving average price is $50.94.
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.
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