Stephens Group Asset Management LLC increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,711 shares of the company’s stock after buying an additional 955 shares during the quarter. iShares Floating Rate Bond ETF makes up 0.1% of Stephens Group Asset Management LLC’s holdings, making the stock its 24th biggest position. Stephens Group Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $952,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. increased its position in iShares Floating Rate Bond ETF by 31.0% during the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after buying an additional 1,118,243 shares during the last quarter. US Bancorp DE boosted its holdings in shares of iShares Floating Rate Bond ETF by 143.8% during the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after acquiring an additional 368,596 shares during the period. Hartline Investment Corp increased its position in iShares Floating Rate Bond ETF by 284.6% during the 3rd quarter. Hartline Investment Corp now owns 398,935 shares of the company’s stock worth $20,362,000 after buying an additional 295,204 shares during the period. Toronto Dominion Bank bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter worth approximately $12,772,000. Finally, Envestnet Asset Management Inc. lifted its position in iShares Floating Rate Bond ETF by 12.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock worth $100,545,000 after purchasing an additional 215,886 shares during the period.
iShares Floating Rate Bond ETF Trading Up 0.0 %
iShares Floating Rate Bond ETF stock opened at $51.00 on Thursday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $50.94.
About iShares Floating Rate Bond ETF
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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