iShares Floating Rate Bond ETF $FLOT Stock Purchased by Single Point Partners LLC

Single Point Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 9.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 205,486 shares of the company’s stock after acquiring an additional 17,936 shares during the quarter. iShares Floating Rate Bond ETF comprises about 1.0% of Single Point Partners LLC’s portfolio, making the stock its 15th biggest holding. Single Point Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $10,490,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. Evolution Wealth Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter worth $25,000. Tompkins Financial Corp bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $25,000. Bayban bought a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $37,000. NFSG Corp acquired a new position in iShares Floating Rate Bond ETF in the third quarter valued at about $50,000. Finally, Global Assets Advisory LLC acquired a new position in iShares Floating Rate Bond ETF in the first quarter valued at about $75,000.

iShares Floating Rate Bond ETF Stock Down 0.0%

FLOT stock opened at $50.98 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.08. The business has a 50-day simple moving average of $50.96 and a 200 day simple moving average of $50.96.

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.