Wealth Enhancement Advisory Services LLC Has $3.27 Million Stock Position in iShares Floating Rate Bond ETF $FLOT

Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 102.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 64,299 shares of the company’s stock after purchasing an additional 32,533 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,272,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Hartline Investment Corp lifted its holdings in iShares Floating Rate Bond ETF by 36.7% during the 3rd quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock worth $59,220,000 after buying an additional 311,232 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of iShares Floating Rate Bond ETF by 475.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 136,390 shares of the company’s stock valued at $6,967,000 after buying an additional 112,686 shares during the period. Cascade Wealth Advisors Inc increased its stake in shares of iShares Floating Rate Bond ETF by 26.3% in the third quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock valued at $12,561,000 after buying an additional 51,392 shares during the period. Blue Capital Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter worth about $2,696,000. Finally, NTV Asset Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 44.6% in the third quarter. NTV Asset Management LLC now owns 32,621 shares of the company’s stock worth $1,666,000 after acquiring an additional 10,065 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.2%

Shares of FLOT stock opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The business’s 50 day simple moving average is $50.93 and its 200 day simple moving average is $50.94.

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.