Beaird Harris Wealth Management LLC Makes New Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

Beaird Harris Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 36,362 shares of the company’s stock, valued at approximately $1,856,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $27,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $27,000. Eastern Bank acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $41,000. Bull Oak Capital LLC acquired a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $115,000. Finally, Cranbrook Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at $126,000.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.95 on Friday. The company has a fifty day moving average of $50.96 and a two-hundred day moving average of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

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.