Chesley Taft & Associates LLC raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 15.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 143,635 shares of the company’s stock after buying an additional 18,975 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares Floating Rate Bond ETF were worth $7,308,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Logan Capital Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at about $27,000. Darwin Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at about $27,000. Eastern Bank acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth about $41,000. Finally, Bull Oak Capital LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $115,000.
iShares Floating Rate Bond ETF Price Performance
Shares of FLOT stock opened at $51.02 on Tuesday. The stock’s 50 day simple moving average is $50.94 and its 200 day simple moving average is $50.94. 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 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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