Simplex Trading LLC Makes New Investment in iShares Floating Rate Bond ETF $FLOT

Simplex Trading LLC bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,500 shares of the company’s stock, valued at approximately $76,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. NorthRock Partners LLC increased its stake in shares of iShares Floating Rate Bond ETF by 269.5% in the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after buying an additional 380 shares during the last quarter. Asset Dedication LLC acquired a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $29,000. Ameriflex Group Inc. acquired a new position in iShares Floating Rate Bond ETF during the 4th quarter worth $33,000. WASHINGTON TRUST Co increased its position in shares of iShares Floating Rate Bond ETF by 242.6% in the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after purchasing an additional 490 shares during the last quarter. Finally, Logan Capital Management Inc. increased its position in shares of iShares Floating Rate Bond ETF by 67.4% in the 4th quarter. Logan Capital Management Inc. now owns 807 shares of the company’s stock worth $41,000 after purchasing an additional 325 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

BATS:FLOT opened at $51.0530 on Friday. The business’s 50 day moving average is $50.96 and its two-hundred day moving average is $50.89. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

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.