TriaGen Wealth Management LLC Increases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

TriaGen Wealth Management LLC increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 7.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 23,901 shares of the company’s stock after acquiring an additional 1,707 shares during the period. TriaGen Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,216,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Logan Capital Management Inc. purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Darwin Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Eastern Bank purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $41,000. Finally, Bull Oak Capital LLC purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $115,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.10 on Friday. The firm has a fifty day simple moving average of $50.95 and a two-hundred day simple moving average of $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month 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.