New England Private Wealth Advisors LLC Buys 477,237 Shares of iShares Floating Rate Bond ETF $FLOT

New England Private Wealth Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1,456.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 510,009 shares of the company’s stock after purchasing an additional 477,237 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 1.5% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 17th largest position. New England Private Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $25,952,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FLOT. Financial Sense Advisors Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 772.5% during the 3rd quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock valued at $36,141,000 after purchasing an additional 626,378 shares during the last quarter. New York Life Investment Management LLC grew its holdings in iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after acquiring an additional 607,046 shares during the last quarter. Northern Trust Corp grew its holdings in iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after acquiring an additional 408,643 shares during the last quarter. Milestone Asset Management LLC grew its holdings in iShares Floating Rate Bond ETF by 2,121.5% during the 4th quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock worth $18,677,000 after acquiring an additional 350,700 shares during the last quarter. Finally, TriaGen Wealth Management LLC grew its holdings in iShares Floating Rate Bond ETF by 136.4% during the 4th quarter. TriaGen Wealth Management LLC now owns 489,463 shares of the company’s stock worth $24,894,000 after acquiring an additional 282,422 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09. The company’s 50 day moving average price is $50.90 and its two-hundred day moving average price 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.