Well Done LLC Invests $591,000 in iShares Floating Rate Bond ETF $FLOT

Well Done LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,588 shares of the company’s stock, valued at approximately $591,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter worth $33,000. Integrated Advisors Network LLC increased its stake in shares of iShares Floating Rate Bond ETF by 5.8% during the fourth quarter. Integrated Advisors Network LLC now owns 13,549 shares of the company’s stock worth $689,000 after acquiring an additional 743 shares during the period. Anchor Pointe Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF during the fourth quarter worth about $386,000. Centaurus Financial Inc. lifted its position in iShares Floating Rate Bond ETF by 2.9% in the fourth quarter. Centaurus Financial Inc. now owns 20,015 shares of the company’s stock valued at $1,018,000 after purchasing an additional 560 shares during the period. Finally, NorthCrest Asset Manangement LLC lifted its position in iShares Floating Rate Bond ETF by 7.9% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 15,511 shares of the company’s stock valued at $789,000 after purchasing an additional 1,133 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.1%

Shares of FLOT opened at $51.03 on Thursday. The stock’s 50 day moving average is $50.98 and its two-hundred day moving average is $50.89. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34.

iShares Floating Rate Bond ETF 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.