Bay Rivers Group Invests $212,000 in iShares Floating Rate Bond ETF (BATS:FLOT)

Bay Rivers Group acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,161 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Floating Rate Bond ETF by 13.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 146,528 shares of the company’s stock worth $7,486,000 after buying an additional 17,592 shares during the last quarter. Regal Investment Advisors LLC boosted its stake in iShares Floating Rate Bond ETF by 2.6% during the 2nd quarter. Regal Investment Advisors LLC now owns 80,223 shares of the company’s stock worth $4,099,000 after acquiring an additional 2,039 shares during the last quarter. EP Wealth Advisors LLC grew its holdings in iShares Floating Rate Bond ETF by 74.6% during the second quarter. EP Wealth Advisors LLC now owns 8,906 shares of the company’s stock valued at $455,000 after purchasing an additional 3,805 shares during the period. Cetera Investment Advisers increased its stake in iShares Floating Rate Bond ETF by 13.8% in the second quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock valued at $49,860,000 after purchasing an additional 118,392 shares in the last quarter. Finally, New Wave Wealth Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the second quarter worth $1,260,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT 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 firm has a fifty day moving average of $50.94 and a 200-day moving average of $50.94.

iShares Floating Rate Bond ETF Company 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.