Harbour Investments Inc. Buys 32,575 Shares of iShares Floating Rate Bond ETF $FLOT

Harbour Investments Inc. raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 99.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,466 shares of the company’s stock after purchasing an additional 32,575 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Floating Rate Bond ETF were worth $3,330,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Allstate Corp grew its stake in iShares Floating Rate Bond ETF by 25.2% in the fourth quarter. Allstate Corp now owns 33,690 shares of the company’s stock valued at $1,713,000 after purchasing an additional 6,777 shares in the last quarter. Glenview Trust Co grew its stake in iShares Floating Rate Bond ETF by 5.7% in the fourth quarter. Glenview Trust Co now owns 2,913,609 shares of the company’s stock valued at $148,186,000 after purchasing an additional 156,189 shares in the last quarter. Darden Wealth Group Inc grew its stake in iShares Floating Rate Bond ETF by 2.5% in the fourth quarter. Darden Wealth Group Inc now owns 79,647 shares of the company’s stock valued at $4,051,000 after purchasing an additional 1,928 shares in the last quarter. Hartline Investment Corp grew its stake in iShares Floating Rate Bond ETF by 22.3% in the fourth quarter. Hartline Investment Corp now owns 1,418,087 shares of the company’s stock valued at $72,124,000 after purchasing an additional 258,845 shares in the last quarter. Finally, New England Private Wealth Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 1,456.2% in the fourth quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock valued at $25,952,000 after purchasing an additional 477,237 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.04 on Thursday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09. The business has a 50 day moving average price of $50.91 and a two-hundred day moving average price of $50.92.

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.