Nalls Sherbakoff Group LLC Acquires Shares of 24,281 iShares Floating Rate Bond ETF $FLOT

Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,281 shares of the company’s stock, valued at approximately $1,235,000. iShares Floating Rate Bond ETF comprises approximately 0.9% of Nalls Sherbakoff Group LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cascade Wealth Advisors Inc increased its position in iShares Floating Rate Bond ETF by 26.3% during the third quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock worth $12,561,000 after buying an additional 51,392 shares during the period. Crews Bank & Trust lifted its stake in iShares Floating Rate Bond ETF by 132.3% in the fourth quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock valued at $4,090,000 after buying an additional 45,795 shares during the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $1,560,000. Apollon Wealth Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 6.4% in the fourth quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock valued at $9,790,000 after acquiring an additional 11,514 shares during the period. Finally, Shira Ridge Wealth Management boosted its holdings in shares of iShares Floating Rate Bond ETF by 73.6% in the fourth quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock valued at $7,056,000 after acquiring an additional 58,813 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.00 on Friday. The company’s 50 day simple moving average is $50.95 and its 200-day simple moving average is $50.92. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month 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.