WealthTrust Asset Management LLC lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 107.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,843 shares of the company’s stock after purchasing an additional 43,441 shares during the quarter. iShares Floating Rate Bond ETF comprises about 3.1% of WealthTrust Asset Management LLC’s investment portfolio, making the stock its 6th biggest position. WealthTrust Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,266,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in FLOT. Proficio Capital Partners LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 2,108.2% during the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after purchasing an additional 4,347,920 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 31.0% during the third 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 position in shares of iShares Floating Rate Bond ETF in the 4th quarter worth $43,863,000. New York Life Investment Management LLC raised its position in shares of iShares Floating Rate Bond ETF by 12.8% in the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after buying an additional 347,836 shares during the period. Finally, Hartline Investment Corp raised its position in shares of iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock worth $36,696,000 after buying an additional 322,286 shares during the period.
iShares Floating Rate Bond ETF Stock Down 0.0 %
Shares of FLOT opened at $50.96 on Friday. The stock’s fifty day simple moving average is $50.99 and its 200 day simple moving average is $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.
iShares Floating Rate Bond ETF Cuts Dividend
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.
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