Capital Market Strategies LLC Acquires 42,534 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Capital Market Strategies LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 275,329 shares of the company’s stock after buying an additional 42,534 shares during the period. iShares Floating Rate Bond ETF accounts for about 8.1% of Capital Market Strategies LLC’s portfolio, making the stock its 3rd biggest holding. Capital Market Strategies LLC owned approximately 0.19% of iShares Floating Rate Bond ETF worth $14,009,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Principal Financial Group Inc. lifted its holdings in iShares Floating Rate Bond ETF by 79.2% during the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after purchasing an additional 18,600 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 14.2% during the third quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after buying an additional 12,859 shares in the last quarter. Atria Investments Inc boosted its position in shares of iShares Floating Rate Bond ETF by 65.0% in the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after acquiring an additional 5,979 shares during the period. Smith Thornton Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at about $460,000. Finally, TCP Asset Management LLC increased its position in iShares Floating Rate Bond ETF by 15.7% during the third quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock worth $17,693,000 after acquiring an additional 47,061 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT traded up $0.01 during trading on Monday, reaching $50.91. The company’s stock had a trading volume of 1,503,272 shares. The firm has a 50 day moving average price of $50.94 and a 200 day moving average price of $50.94. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month 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.