Darden Wealth Group Inc lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 2.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,887 shares of the company’s stock after acquiring an additional 1,490 shares during the period. iShares Floating Rate Bond ETF makes up approximately 2.3% of Darden Wealth Group Inc’s investment portfolio, making the stock its 7th largest position. Darden Wealth Group Inc’s holdings in iShares Floating Rate Bond ETF were worth $3,872,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of FLOT. Tompkins Financial Corp bought a new stake in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $25,000. NorthRock Partners LLC increased its holdings in iShares Floating Rate Bond ETF by 269.5% in the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock valued at $27,000 after buying an additional 380 shares during the period. Asset Dedication LLC bought a new stake in iShares Floating Rate Bond ETF during the first quarter worth $29,000. WASHINGTON TRUST Co lifted its holdings in shares of iShares Floating Rate Bond ETF by 242.6% in the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after acquiring an additional 490 shares during the last quarter. Finally, TFC Financial Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the second quarter worth $40,000.
iShares Floating Rate Bond ETF Price Performance
Shares of FLOT stock opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34. The stock has a 50-day moving average of $50.97 and a 200-day moving average of $50.91.
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.
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