32,927 Shares in iShares Floating Rate Bond ETF $FLOT Purchased by NFP Retirement Inc.

NFP Retirement Inc. bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,927 shares of the company’s stock, valued at approximately $1,680,000.

Other hedge funds have also recently modified their holdings of the company. Tompkins Financial Corp purchased a new position in iShares Floating Rate Bond ETF during the 2nd quarter valued at $25,000. NorthRock Partners LLC lifted its position in shares of iShares Floating Rate Bond ETF by 269.5% during the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after purchasing an additional 380 shares during the last quarter. SYM FINANCIAL Corp purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at $37,000. TFC Financial Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at $40,000. Finally, SVB Wealth LLC bought a new position in shares of iShares Floating Rate Bond ETF in the first quarter worth about $43,000.

iShares Floating Rate Bond ETF Stock Down 0.0%

FLOT stock opened at $50.97 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The firm’s 50-day moving average is $50.97 and its 200 day moving average is $50.94.

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.