West Wealth Group LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,631 shares of the company’s stock, valued at approximately $236,000.
Several other large investors have also recently added to or reduced their stakes in the stock. Pine Valley Investments Ltd Liability Co grew its stake in shares of iShares Floating Rate Bond ETF by 1.5% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock valued at $722,000 after buying an additional 210 shares in the last quarter. Schmidt P J Investment Management Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 4.4% during the second quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock valued at $286,000 after purchasing an additional 235 shares during the period. Spire Wealth Management lifted its position in shares of iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after purchasing an additional 236 shares in the last quarter. Western Financial Corp CA lifted its position in shares of iShares Floating Rate Bond ETF by 1.9% during the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after purchasing an additional 256 shares in the last quarter. Finally, Shira Ridge Wealth Management boosted its stake in shares of iShares Floating Rate Bond ETF by 0.3% in the first quarter. Shira Ridge Wealth Management now owns 77,018 shares of the company’s stock valued at $3,933,000 after purchasing an additional 258 shares during the period.
iShares Floating Rate Bond ETF Stock Performance
iShares Floating Rate Bond ETF stock traded up $0.02 during midday trading on Friday, hitting $51.01. 441,296 shares of the stock were exchanged. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The company has a 50 day moving average price of $50.95 and a two-hundred day moving average price of $50.96.
iShares Floating Rate Bond ETF Increases Dividend
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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