Insigneo Advisory Services LLC Makes New Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

Insigneo Advisory Services LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 17,921 shares of the company’s stock, valued at approximately $915,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLOT. Front Row Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 14.1% in the fourth quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock valued at $82,000 after buying an additional 200 shares during the last quarter. Two West Capital Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 1.6% in the 1st quarter. Two West Capital Advisors LLC now owns 12,930 shares of the company’s stock valued at $651,000 after acquiring an additional 200 shares during the period. Main Street Financial Solutions LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 2.3% in the 4th quarter. Main Street Financial Solutions LLC now owns 9,368 shares of the company’s stock worth $477,000 after acquiring an additional 215 shares during the last quarter. Guidance Point Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the 4th quarter. Guidance Point Advisors LLC now owns 16,942 shares of the company’s stock worth $862,000 after acquiring an additional 229 shares during the last quarter. Finally, Fiduciary Trust Co boosted its position in shares of iShares Floating Rate Bond ETF by 0.8% during the 4th quarter. Fiduciary Trust Co now owns 30,537 shares of the company’s stock worth $1,554,000 after purchasing an additional 233 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.92 on Wednesday. The business has a 50-day moving average of $50.81 and a 200 day moving average of $50.88. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month 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.