Tempo Wealth LLC Makes New $1.89 Million Investment in iShares Floating Rate Bond ETF $FLOT

Tempo Wealth LLC acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,232 shares of the company’s stock, valued at approximately $1,894,000.

Other large investors have also recently modified their holdings of the company. Financial Sense Advisors Inc. raised its position in iShares Floating Rate Bond ETF by 772.5% during the third quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock valued at $36,141,000 after purchasing an additional 626,378 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of iShares Floating Rate Bond ETF by 5,292.9% during the fourth quarter. Focus Partners Wealth now owns 598,555 shares of the company’s stock valued at $30,443,000 after purchasing an additional 587,456 shares during the period. New England Private Wealth Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 1,456.2% in the fourth 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 during the last quarter. Northern Trust Corp increased its stake in shares of iShares Floating Rate Bond ETF by 8.6% in the fourth quarter. Northern Trust Corp now owns 5,453,861 shares of the company’s stock worth $277,383,000 after buying an additional 432,264 shares during the period. Finally, Milestone Asset Management LLC raised its holdings in iShares Floating Rate Bond ETF by 2,121.5% during the 4th quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock valued at $18,677,000 after buying an additional 350,700 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.09. The company’s fifty day simple moving average is $50.95 and its two-hundred day simple moving average is $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.