Greenup Street Wealth Management LLC Raises Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Greenup Street Wealth Management LLC lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 11.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,980 shares of the company’s stock after purchasing an additional 2,068 shares during the period. Greenup Street Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,017,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Franklin Resources Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 31.0% in the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. Haverford Trust Co increased its stake in iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after buying an additional 16,112 shares in the last quarter. Cetera Investment Advisers raised its holdings in iShares Floating Rate Bond ETF by 13.8% during the second quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock valued at $49,860,000 after acquiring an additional 118,392 shares during the period. Demars Financial Group LLC lifted its position in shares of iShares Floating Rate Bond ETF by 0.9% in the third quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock valued at $37,928,000 after acquiring an additional 6,805 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares Floating Rate Bond ETF by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after acquiring an additional 91,686 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.05 on Tuesday. The business’s 50 day moving average is $50.94 and its 200 day moving average is $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

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.