Fortitude Advisory Group L.L.C. boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 7.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,925 shares of the company’s stock after purchasing an additional 425 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in iShares Floating Rate Bond ETF were worth $302,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Tompkins Financial Corp purchased a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $25,000. NorthRock Partners LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 269.5% during the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after acquiring an additional 380 shares during the period. Asset Dedication LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter worth approximately $29,000. WASHINGTON TRUST Co grew its holdings in shares of iShares Floating Rate Bond ETF by 242.6% during the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after acquiring an additional 490 shares during the period. Finally, SVB Wealth LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter worth approximately $43,000.
iShares Floating Rate Bond ETF Trading Down 0.1%
FLOT stock opened at $50.93 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The business’s 50 day moving average price is $50.97 and its two-hundred day moving average price is $50.89.
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.
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