LaFleur & Godfrey LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 489,894 shares of the company’s stock, valued at approximately $25,009,000. iShares Floating Rate Bond ETF comprises approximately 3.0% of LaFleur & Godfrey LLC’s investment portfolio, making the stock its 6th largest holding.
Other institutional investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth about $143,000. Penobscot Investment Management Company Inc. acquired a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $8,022,000. Walker Financial Services Inc. grew its holdings in iShares Floating Rate Bond ETF by 10.5% in the third quarter. Walker Financial Services Inc. now owns 809,153 shares of the company’s stock valued at $41,307,000 after purchasing an additional 76,624 shares during the period. Oppenheimer & Co. Inc. acquired a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $6,954,000. Finally, Park Avenue Securities LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $1,174,000.
iShares Floating Rate Bond ETF Stock Performance
iShares Floating Rate Bond ETF stock opened at $51.00 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.08. The business has a 50 day simple moving average of $50.97 and a 200-day simple moving average of $50.95.
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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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