Canal Insurance CO increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 28.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,000 shares of the company’s stock after buying an additional 22,000 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 1.3% of Canal Insurance CO’s investment portfolio, making the stock its 26th biggest position. Canal Insurance CO’s holdings in iShares Floating Rate Bond ETF were worth $5,050,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Logan Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Darwin Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Eastern Bank acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $41,000. Finally, Bull Oak Capital LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $115,000.
iShares Floating Rate Bond ETF Trading Up 0.1 %
iShares Floating Rate Bond ETF stock opened at $51.05 on Tuesday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business’s 50-day moving average price is $50.94 and its two-hundred day moving average price is $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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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