TriaGen Wealth Management LLC Has $24.89 Million Stock Position in iShares Floating Rate Bond ETF $FLOT

TriaGen Wealth Management LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 136.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 489,463 shares of the company’s stock after buying an additional 282,422 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 6.4% of TriaGen Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. TriaGen Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $24,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of FLOT. Klaas Financial Asset Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 2.8% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 24,075 shares of the company’s stock worth $1,224,000 after buying an additional 655 shares during the last quarter. Merit Financial Group LLC grew its stake in iShares Floating Rate Bond ETF by 152.0% during the fourth quarter. Merit Financial Group LLC now owns 270,291 shares of the company’s stock worth $13,747,000 after buying an additional 163,030 shares during the last quarter. Oxinas Partners LLC grew its stake in iShares Floating Rate Bond ETF by 9.8% during the fourth quarter. Oxinas Partners LLC now owns 37,471 shares of the company’s stock worth $1,906,000 after buying an additional 3,332 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in iShares Floating Rate Bond ETF by 32.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,850 shares of the company’s stock worth $94,000 after buying an additional 450 shares during the last quarter. Finally, WorthPointe LLC grew its stake in iShares Floating Rate Bond ETF by 713.6% during the fourth quarter. WorthPointe LLC now owns 103,955 shares of the company’s stock worth $5,287,000 after buying an additional 91,178 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.85 on Monday. iShares Floating Rate Bond ETF has a 1-year low of $50.66 and a 1-year high of $51.09. The firm’s 50-day moving average price is $50.89 and its two-hundred day moving average price is $50.92.

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.