D L Carlson Investment Group Inc. acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,476 shares of the company’s stock, valued at approximately $329,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of FLOT. Proficio Capital Partners LLC lifted its position in shares of iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock valued at $231,716,000 after acquiring an additional 4,347,920 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after purchasing an additional 1,118,243 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth about $43,863,000. JPMorgan Chase & Co. lifted its stake in shares of iShares Floating Rate Bond ETF by 103.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,414,905 shares of the company’s stock valued at $71,990,000 after buying an additional 719,584 shares during the period. Finally, New York Life Investment Management LLC boosted its position in iShares Floating Rate Bond ETF by 12.8% during the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after acquiring an additional 347,836 shares during the last quarter.
iShares Floating Rate Bond ETF Stock Up 0.1 %
FLOT stock opened at $51.05 on Monday. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16. The company has a 50 day moving average price of $51.00 and a two-hundred day moving average price of $50.96.
iShares Floating Rate Bond ETF Cuts Dividend
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.
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