Shira Ridge Wealth Management grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 18.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 70,931 shares of the company’s stock after purchasing an additional 11,153 shares during the period. iShares Floating Rate Bond ETF makes up approximately 1.8% of Shira Ridge Wealth Management’s portfolio, making the stock its 17th biggest holding. Shira Ridge Wealth Management’s holdings in iShares Floating Rate Bond ETF were worth $3,609,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in FLOT. Northstar Advisory Group LLC bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at $204,000. Elmwood Wealth Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at about $1,923,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 2.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after acquiring an additional 502 shares during the last quarter. Watts Gwilliam & Co. LLC increased its position in shares of iShares Floating Rate Bond ETF by 219.0% during the fourth quarter. Watts Gwilliam & Co. LLC now owns 23,281 shares of the company’s stock valued at $1,186,000 after acquiring an additional 15,982 shares during the last quarter. Finally, Hudson Valley Investment Advisors Inc. ADV grew its stake in iShares Floating Rate Bond ETF by 1.6% in the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 145,991 shares of the company’s stock valued at $7,428,000 after purchasing an additional 2,289 shares during the period.
iShares Floating Rate Bond ETF Stock Performance
BATS FLOT opened at $50.97 on Tuesday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The company has a 50-day simple moving average of $50.93 and a 200 day simple moving average of $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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