iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 880.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 249,801 shares of the company’s stock after purchasing an additional 224,329 shares during the period. Mutual Advisors LLC owned approximately 0.17% of iShares Floating Rate Bond ETF worth $12,740,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Independent Wealth Network Inc. raised its stake in iShares Floating Rate Bond ETF by 2.2% during the 4th quarter. Independent Wealth Network Inc. now owns 22,137 shares of the company’s stock valued at $1,126,000 after purchasing an additional 466 shares during the period. Atomi Financial Group Inc. raised its position in iShares Floating Rate Bond ETF by 38.5% during the fourth quarter. Atomi Financial Group Inc. now owns 111,953 shares of the company’s stock valued at $5,696,000 after buying an additional 31,098 shares during the period. Chesley Taft & Associates LLC lifted its stake in iShares Floating Rate Bond ETF by 15.2% in the 4th quarter. Chesley Taft & Associates LLC now owns 143,635 shares of the company’s stock worth $7,308,000 after acquiring an additional 18,975 shares in the last quarter. Alpha Cubed Investments LLC boosted its position in iShares Floating Rate Bond ETF by 1.5% during the 4th quarter. Alpha Cubed Investments LLC now owns 48,793 shares of the company’s stock worth $2,483,000 after acquiring an additional 724 shares during the period. Finally, First United Bank & Trust increased its holdings in shares of iShares Floating Rate Bond ETF by 14.1% in the 4th quarter. First United Bank & Trust now owns 31,657 shares of the company’s stock valued at $1,611,000 after purchasing an additional 3,918 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $51.02 on Thursday. The company has a 50 day simple moving average of $50.94 and a 200-day simple moving average of $50.94. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF 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.