Impact Partnership Wealth LLC Purchases Shares of 12,597 iShares Floating Rate Bond ETF $FLOT

Impact Partnership Wealth LLC acquired a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the second quarter, HoldingsChannel reports. The fund acquired 12,597 shares of the company’s stock, valued at approximately $643,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp purchased a new position in iShares Floating Rate Bond ETF during the second quarter valued at approximately $25,000. NorthRock Partners LLC boosted its holdings in iShares Floating Rate Bond ETF by 269.5% in the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after buying an additional 380 shares during the period. Asset Dedication LLC purchased a new stake in iShares Floating Rate Bond ETF in the 1st quarter worth $29,000. WASHINGTON TRUST Co lifted its position in shares of iShares Floating Rate Bond ETF by 242.6% in the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock valued at $35,000 after acquiring an additional 490 shares in the last quarter. Finally, SYM FINANCIAL Corp bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter worth about $37,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.06 on Thursday. The business’s 50 day moving average is $50.98 and its 200 day moving average is $50.92. 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 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.