SlateStone Wealth LLC Buys 10,230 Shares of iShares Floating Rate Bond ETF $FLOT

SlateStone Wealth LLC grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 35.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,440 shares of the company’s stock after purchasing an additional 10,230 shares during the quarter. SlateStone Wealth LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,006,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. L.K. Benson & Company P.C. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after purchasing an additional 204 shares in the last quarter. Donor Advised Charitable Giving Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.6% in the fourth quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock valued at $732,000 after purchasing an additional 226 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in shares of iShares Floating Rate Bond ETF by 18.6% in the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock valued at $88,000 after purchasing an additional 271 shares in the last quarter. Ascent Group LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after purchasing an additional 272 shares in the last quarter. Finally, Frisch Financial Group Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.2% in the third quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock valued at $1,143,000 after purchasing an additional 274 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $50.90 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09. The stock’s 50 day moving average is $50.92 and its 200-day moving average is $50.92.

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.