iShares Floating Rate Bond ETF $FLOT Shares Purchased by Hartline Investment Corp

Hartline Investment Corp increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 22.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,418,087 shares of the company’s stock after purchasing an additional 258,845 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 7.8% of Hartline Investment Corp’s investment portfolio, making the stock its 3rd largest holding. Hartline Investment Corp’s holdings in iShares Floating Rate Bond ETF were worth $72,124,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. New England Private Wealth Advisors LLC increased its position in iShares Floating Rate Bond ETF by 1,456.2% during the 4th quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock worth $25,952,000 after purchasing an additional 477,237 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in iShares Floating Rate Bond ETF by 2.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 109,715 shares of the company’s stock worth $5,580,000 after purchasing an additional 2,822 shares in the last quarter. Axxcess Wealth Management LLC grew its position in iShares Floating Rate Bond ETF by 17.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 61,962 shares of the company’s stock valued at $3,151,000 after acquiring an additional 9,270 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in iShares Floating Rate Bond ETF by 7.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 36,669 shares of the company’s stock valued at $1,865,000 after acquiring an additional 2,554 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $6,985,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09. The company has a 50 day moving average of $50.90 and a two-hundred day moving average of $50.92.

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.