Naples Global Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 12.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,840 shares of the company’s stock after buying an additional 525 shares during the quarter. Naples Global Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $244,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of FLOT. Boyd Watterson Asset Management LLC OH purchased a new position in iShares Floating Rate Bond ETF in the 4th quarter worth approximately $25,000. EWG Elevate Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $26,000. Element Wealth LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $29,000. Pinnacle Bancorp Inc. increased its stake in iShares Floating Rate Bond ETF by 101.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 645 shares of the company’s stock worth $32,000 after buying an additional 325 shares during the period. Finally, Stonebridge Capital Advisors LLC acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter worth $32,000.
iShares Floating Rate Bond ETF Price Performance
BATS:FLOT opened at $50.78 on Thursday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The firm has a 50-day moving average of $50.58 and a two-hundred day moving average of $50.46.
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.
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