Diversify Advisory Services LLC Purchases 6,039 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Diversify Advisory Services LLC boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 47.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,832 shares of the company’s stock after acquiring an additional 6,039 shares during the period. Diversify Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $959,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FLOT. Continental Investors Services Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 2.6% in the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after purchasing an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its stake in shares of iShares Floating Rate Bond ETF by 1.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after buying an additional 214 shares during the period. Western Financial Corp CA raised its holdings in shares of iShares Floating Rate Bond ETF by 1.9% during the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after acquiring an additional 256 shares in the last quarter. Flagstar Advisors Inc. lifted its stake in iShares Floating Rate Bond ETF by 1.4% in the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after acquiring an additional 315 shares during the period. Finally, Summit Wealth Partners LLC boosted its holdings in iShares Floating Rate Bond ETF by 7.6% in the third quarter. Summit Wealth Partners LLC now owns 4,492 shares of the company’s stock valued at $229,000 after acquiring an additional 316 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.02 on Tuesday. The firm has a fifty day simple moving average of $50.94 and a two-hundred day simple moving average of $50.94. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

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.