Charter Oak Capital Management LLC Buys 3,418 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Charter Oak Capital Management LLC lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 53.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,755 shares of the company’s stock after purchasing an additional 3,418 shares during the period. Charter Oak Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $498,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FLOT. Front Row Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 14.1% during the 4th quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock worth $82,000 after acquiring an additional 200 shares during the period. Main Street Financial Solutions LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 2.3% in the fourth quarter. Main Street Financial Solutions LLC now owns 9,368 shares of the company’s stock valued at $477,000 after purchasing an additional 215 shares in the last quarter. Guidance Point Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the fourth quarter. Guidance Point Advisors LLC now owns 16,942 shares of the company’s stock valued at $862,000 after purchasing an additional 229 shares in the last quarter. Fiduciary Trust Co boosted its stake in iShares Floating Rate Bond ETF by 0.8% during the fourth quarter. Fiduciary Trust Co now owns 30,537 shares of the company’s stock worth $1,554,000 after buying an additional 233 shares during the period. Finally, DHK Financial Advisors Inc. boosted its stake in iShares Floating Rate Bond ETF by 0.8% during the first quarter. DHK Financial Advisors Inc. now owns 31,971 shares of the company’s stock worth $1,632,000 after buying an additional 245 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.3%

BATS FLOT opened at $50.84 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The company has a fifty day moving average of $50.75 and a two-hundred day moving average of $50.89.

iShares Floating Rate Bond ETF Company 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.