Compass Financial Group Inc. Ohio Invests $2.53 Million in iShares Floating Rate Bond ETF $FLOT

Compass Financial Group Inc. Ohio purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 49,735 shares of the company’s stock, valued at approximately $2,530,000. iShares Floating Rate Bond ETF comprises approximately 1.9% of Compass Financial Group Inc. Ohio’s portfolio, making the stock its 18th biggest holding.

A number of other large investors have also bought and sold shares of the stock. Financial Sense Advisors Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 772.5% in the third quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after purchasing an additional 626,378 shares during the last quarter. Focus Partners Wealth raised its position in iShares Floating Rate Bond ETF by 5,292.9% during the 4th quarter. Focus Partners Wealth now owns 598,555 shares of the company’s stock valued at $30,443,000 after purchasing an additional 587,456 shares during the last quarter. New England Private Wealth Advisors LLC raised its position in iShares Floating Rate Bond ETF by 1,456.2% during the 4th quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock valued at $25,952,000 after purchasing an additional 477,237 shares during the last quarter. Northern Trust Corp lifted its holdings in iShares Floating Rate Bond ETF by 8.6% in the 4th quarter. Northern Trust Corp now owns 5,453,861 shares of the company’s stock worth $277,383,000 after buying an additional 432,264 shares during the period. Finally, Milestone Asset Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 2,121.5% in the 4th quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock worth $18,677,000 after buying an additional 350,700 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $51.00 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 business’s 50 day moving average price is $50.95 and its 200-day moving average price is $50.92.

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.