Assetmark Inc. lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 2.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,965,478 shares of the company’s stock after purchasing an additional 46,823 shares during the quarter. Assetmark Inc.’s holdings in iShares Floating Rate Bond ETF were worth $100,141,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of FLOT. SteelPeak Wealth LLC raised its position in iShares Floating Rate Bond ETF by 40.9% in the 1st quarter. SteelPeak Wealth LLC now owns 20,526 shares of the company’s stock valued at $1,046,000 after buying an additional 5,959 shares during the last quarter. Independent Financial Group LLC bought a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $1,593,000. D.A. Davidson & CO. boosted its position in iShares Floating Rate Bond ETF by 6.1% during the 1st quarter. D.A. Davidson & CO. now owns 68,988 shares of the company’s stock worth $3,515,000 after acquiring an additional 3,971 shares during the last quarter. Midwest Professional Planners LTD. acquired a new position in iShares Floating Rate Bond ETF during the 1st quarter worth approximately $206,000. Finally, Sherman Asset Management Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 35.7% during the 1st quarter. Sherman Asset Management Inc. now owns 10,233 shares of the company’s stock worth $521,000 after acquiring an additional 2,694 shares in the last quarter.
iShares Floating Rate Bond ETF Stock Up 0.0%
Shares of FLOT opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09. The company has a 50 day moving average of $50.98 and a 200-day moving average of $50.93.
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.
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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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