LexAurum Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 457.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 44,482 shares of the company’s stock after purchasing an additional 36,504 shares during the period. LexAurum Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,271,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $33,000. Logan Capital Management Inc. lifted its position in iShares Floating Rate Bond ETF by 67.4% during the fourth quarter. Logan Capital Management Inc. now owns 807 shares of the company’s stock worth $41,000 after buying an additional 325 shares in the last quarter. Transce3nd LLC purchased a new position in iShares Floating Rate Bond ETF during the fourth quarter worth approximately $44,000. Headlands Technologies LLC acquired a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth $57,000. Finally, Boyd Watterson Asset Management LLC OH increased its stake in iShares Floating Rate Bond ETF by 227.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after acquiring an additional 967 shares during the last quarter.
iShares Floating Rate Bond ETF Stock Down 0.3%
Shares of BATS FLOT opened at $50.84 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The stock has a fifty day simple moving average of $50.75 and a 200-day simple moving average of $50.89.
iShares Floating Rate Bond ETF Company 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.
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