Independent Solutions Wealth Management LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 19.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 71,336 shares of the company’s stock after purchasing an additional 11,575 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,628,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of FLOT. Westfuller Advisors LLC bought a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $28,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $30,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $41,000. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 142.6% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock worth $63,000 after acquiring an additional 726 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $72,000.
iShares Floating Rate Bond ETF Stock Performance
FLOT opened at $50.95 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.09. The stock’s fifty day simple moving average is $50.88 and its 200 day simple moving average is $50.92.
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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