Independent Solutions Wealth Management LLC Acquires New Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Independent Solutions Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,562 shares of the company’s stock, valued at approximately $743,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Logan Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. Darwin Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter worth $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at $41,000. Finally, Bull Oak Capital LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $115,000.

iShares Floating Rate Bond ETF Price Performance

FLOT traded down $0.02 on Thursday, hitting $50.73. 1,790,703 shares of the company’s stock were exchanged. The stock has a fifty day moving average of $50.97 and a two-hundred day 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.