4,017 Shares in iShares Floating Rate Bond ETF (BATS:FLOT) Purchased by Northstar Advisory Group LLC

Northstar Advisory Group LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, HoldingsChannel reports. The firm purchased 4,017 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. raised its holdings in iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after acquiring an additional 1,118,243 shares during the period. US Bancorp DE grew its position in shares of iShares Floating Rate Bond ETF by 143.8% in the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock valued at $31,897,000 after purchasing an additional 368,596 shares during the last quarter. Hartline Investment Corp increased its stake in shares of iShares Floating Rate Bond ETF by 284.6% during the third quarter. Hartline Investment Corp now owns 398,935 shares of the company’s stock worth $20,362,000 after purchasing an additional 295,204 shares during the period. Toronto Dominion Bank acquired a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $12,772,000. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Floating Rate Bond ETF by 12.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock worth $100,545,000 after purchasing an additional 215,886 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT traded up $0.01 on Monday, reaching $50.95. The stock had a trading volume of 3,506,514 shares. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The firm has a fifty day moving average of $50.93 and a two-hundred day moving average of $50.94.

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.