Orange Investment Advisors Inc. purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 177,284 shares of the company’s stock, valued at approximately $9,050,000. iShares Floating Rate Bond ETF accounts for 1.1% of Orange Investment Advisors Inc.’s holdings, making the stock its 23rd biggest holding.
Several other large investors have also recently bought and sold shares of FLOT. Probity Advisors Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 3.3% in the third quarter. Probity Advisors Inc. now owns 146,676 shares of the company’s stock worth $7,488,000 after purchasing an additional 4,671 shares during the period. Atlas Private Wealth Advisors purchased a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth $251,000. Forbes Financial Planning Inc. boosted its stake in iShares Floating Rate Bond ETF by 1.2% during the third quarter. Forbes Financial Planning Inc. now owns 156,112 shares of the company’s stock valued at $7,970,000 after buying an additional 1,895 shares during the period. NTV Asset Management LLC bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at $2,170,000. Finally, Sowell Financial Services LLC bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at $4,239,000.
iShares Floating Rate Bond ETF Stock Performance
iShares Floating Rate Bond ETF stock opened at $50.97 on Monday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.08. The business has a 50-day simple moving average of $50.97 and a 200 day simple moving average of $50.96.
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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