iShares Floating Rate Bond ETF $FLOT Shares Acquired by KW Wealth Management LLC

KW Wealth Management LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 20.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 101,545 shares of the company’s stock after buying an additional 17,586 shares during the quarter. iShares Floating Rate Bond ETF comprises 7.8% of KW Wealth Management LLC’s holdings, making the stock its biggest position. KW Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,165,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC grew its stake in iShares Floating Rate Bond ETF by 1.6% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 38,866 shares of the company’s stock worth $1,977,000 after acquiring an additional 612 shares during the period. Monetary Solutions Ltd purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth $7,221,000. Larch Capital Partners LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth $509,000. Compound Planning Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 6.3% during the fourth quarter. Compound Planning Inc. now owns 138,733 shares of the company’s stock worth $7,056,000 after purchasing an additional 8,243 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 17.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 61,962 shares of the company’s stock worth $3,151,000 after purchasing an additional 9,270 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

Shares of BATS:FLOT opened at $51.00 on Friday. The business has a fifty day simple moving average of $50.95 and a 200-day simple moving average of $50.92. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09.

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.