Worth Asset Management LLC Purchases Shares of 28,094 iShares Floating Rate Bond ETF $FLOT

Worth Asset Management LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 28,094 shares of the company’s stock, valued at approximately $1,431,000.

Several other large investors have also recently made changes to their positions in FLOT. Cornerstone Financial Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth approximately $30,000. Quarry LP purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $36,000. Tucker Asset Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $37,000. Bayban purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $37,000. Finally, Lavaca Capital LLC acquired a new position in iShares Floating Rate Bond ETF during the fourth quarter worth $57,000.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $51.01 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09. The stock’s fifty day moving average is $50.95 and its two-hundred day moving average is $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.