Chesley Taft & Associates LLC Grows Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Chesley Taft & Associates LLC boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,535 shares of the company’s stock after acquiring an additional 10,900 shares during the quarter. Chesley Taft & Associates LLC owned about 0.09% of iShares Floating Rate Bond ETF worth $7,889,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in FLOT. Ameriflex Group Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth $33,000. Logan Capital Management Inc. increased its holdings in iShares Floating Rate Bond ETF by 67.4% in the fourth quarter. Logan Capital Management Inc. now owns 807 shares of the company’s stock valued at $41,000 after buying an additional 325 shares in the last quarter. Transce3nd LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $44,000. Headlands Technologies LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $57,000. Finally, Boyd Watterson Asset Management LLC OH lifted its position in shares of iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 967 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $50.83 on Thursday. The stock’s 50 day simple moving average is $50.76 and its 200 day simple moving average is $50.90. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34.

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.