WNY Asset Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 220,958 shares of the company’s stock, valued at approximately $11,258,000. iShares Floating Rate Bond ETF accounts for approximately 1.2% of WNY Asset Management LLC’s portfolio, making the stock its 18th largest position. WNY Asset Management LLC owned approximately 0.13% of iShares Floating Rate Bond ETF at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the first quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $30,000. Quarry LP bought a new stake in iShares Floating Rate Bond ETF in the 4th quarter valued at $36,000. Tucker Asset Management LLC bought a new stake in iShares Floating Rate Bond ETF in the 4th quarter valued at $37,000. Finally, Bayban acquired a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at $37,000.
iShares Floating Rate Bond ETF Stock Down 0.0%
Shares of BATS FLOT opened at $51.06 on Friday. The stock’s fifty day moving average price is $50.99 and its two-hundred day moving average price is $50.94. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.09.
About iShares Floating Rate Bond ETF
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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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