White Pine Capital LLC Buys 13,247 Shares of iShares Floating Rate Bond ETF $FLOT

White Pine Capital LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 16.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,372 shares of the company’s stock after buying an additional 13,247 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 1.4% of White Pine Capital LLC’s investment portfolio, making the stock its 12th largest position. White Pine Capital LLC owned 0.05% of iShares Floating Rate Bond ETF worth $4,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of FLOT. Bogart Wealth LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after acquiring an additional 196 shares during the period. Hohimer Wealth Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 2.9% in the 2nd quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock worth $484,000 after purchasing an additional 271 shares during the last quarter. Frisch Financial Group Inc. increased its position in shares of iShares Floating Rate Bond ETF by 1.2% during the 3rd quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock worth $1,143,000 after purchasing an additional 274 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 7.0% during the 2nd quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock valued at $237,000 after purchasing an additional 302 shares during the last quarter. Finally, Optivise Advisory Services LLC boosted its position in iShares Floating Rate Bond ETF by 6.8% in the second quarter. Optivise Advisory Services LLC now owns 4,891 shares of the company’s stock valued at $250,000 after buying an additional 311 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $51.02 on Friday. The firm’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $50.95. 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.