Gateway Wealth Partners LLC Raises Position in iShares Floating Rate Bond ETF $FLOT

Gateway Wealth Partners LLC lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 195.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,520 shares of the company’s stock after purchasing an additional 14,242 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,096,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. L.K. Benson & Company P.C. lifted its position in iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock worth $823,000 after buying an additional 204 shares during the last quarter. Donor Advised Charitable Giving Inc. boosted its stake in iShares Floating Rate Bond ETF by 1.6% during the fourth quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock worth $732,000 after buying an additional 226 shares during the period. Glen Eagle Advisors LLC increased its position in iShares Floating Rate Bond ETF by 6.6% during the fourth quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock valued at $196,000 after acquiring an additional 237 shares during the last quarter. North Star Investment Management Corp. increased its position in iShares Floating Rate Bond ETF by 18.6% during the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock valued at $88,000 after acquiring an additional 271 shares during the last quarter. Finally, Ascent Group LLC raised its stake in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after acquiring an additional 272 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.1%

Shares of BATS:FLOT opened at $51.01 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The firm’s 50-day moving average is $50.99 and its 200 day moving average is $50.94.

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.