Meridian Financial Partners LLC Purchases Shares of 15,539 iShares Floating Rate Bond ETF $FLOT

Meridian Financial Partners LLC purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, Holdings Channel reports. The fund purchased 15,539 shares of the company’s stock, valued at approximately $792,000.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in iShares Floating Rate Bond ETF by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock valued at $452,060,000 after purchasing an additional 49,559 shares during the last quarter. Northern Trust Corp lifted its holdings in iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock valued at $256,528,000 after purchasing an additional 408,643 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 1.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,133,476 shares of the company’s stock valued at $159,369,000 after purchasing an additional 55,725 shares during the last quarter. Glenview Trust Co lifted its holdings in iShares Floating Rate Bond ETF by 3.9% during the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after purchasing an additional 102,353 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in iShares Floating Rate Bond ETF by 5.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after purchasing an additional 130,241 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $50.94 on Friday. The business has a fifty day simple moving average of $50.88 and a two-hundred day simple moving average of $50.92. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09.

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.