Hoge Financial Services LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 9.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 212,275 shares of the company’s stock after acquiring an additional 18,206 shares during the quarter. iShares Floating Rate Bond ETF accounts for approximately 5.8% of Hoge Financial Services LLC’s holdings, making the stock its 5th biggest holding. Hoge Financial Services LLC owned approximately 0.12% of iShares Floating Rate Bond ETF worth $10,815,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Focus Partners Wealth grew its stake in shares of iShares Floating Rate Bond ETF by 8.9% during the first quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after buying an additional 1,088 shares during the last quarter. Diversify Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 70.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock valued at $606,000 after acquiring an additional 4,907 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in iShares Floating Rate Bond ETF by 5.8% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock valued at $2,732,000 after acquiring an additional 2,934 shares during the period. Raymond James Financial Inc. boosted its holdings in iShares Floating Rate Bond ETF by 13.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock valued at $57,364,000 after acquiring an additional 135,488 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its holdings in iShares Floating Rate Bond ETF by 30.6% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock valued at $1,138,000 after acquiring an additional 5,231 shares during the period.
iShares Floating Rate Bond ETF Stock Performance
FLOT opened at $51.02 on Friday. The stock’s 50 day simple moving average is $50.96 and its 200 day simple moving average is $50.92. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year 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.
Recommended Stories
- Five stocks we like better than iShares Floating Rate Bond ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for iShares Floating Rate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
