Buck Wealth Strategies LLC Takes $1.28 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Buck Wealth Strategies LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the first quarter, Holdings Channel.com reports. The fund bought 25,001 shares of the company’s stock, valued at approximately $1,276,000.

A number of other large investors have also recently made changes to their positions in FLOT. Blueprint Investment Partners LLC purchased a new position in iShares Floating Rate Bond ETF in the fourth quarter worth approximately $824,000. Principal Financial Group Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 61.8% in the 4th quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after purchasing an additional 12,550 shares in the last quarter. Colonial Trust Advisors raised its holdings in shares of iShares Floating Rate Bond ETF by 2.1% in the 4th quarter. Colonial Trust Advisors now owns 243,175 shares of the company’s stock valued at $12,373,000 after purchasing an additional 4,992 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Floating Rate Bond ETF by 93.4% during the 4th quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock worth $978,000 after purchasing an additional 9,287 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its stake in shares of iShares Floating Rate Bond ETF by 10.9% during the first quarter. Dynamic Advisor Solutions LLC now owns 8,757 shares of the company’s stock worth $447,000 after purchasing an additional 859 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.94 on Friday. The stock’s fifty day moving average is $50.84 and its two-hundred day moving average is $50.88. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34.

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.