iShares Floating Rate Bond ETF $FLOT Stake Lifted by Cascade Wealth Advisors Inc

Cascade Wealth Advisors Inc raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 26.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,710 shares of the company’s stock after buying an additional 51,392 shares during the quarter. iShares Floating Rate Bond ETF comprises about 6.2% of Cascade Wealth Advisors Inc’s portfolio, making the stock its 6th biggest holding. Cascade Wealth Advisors Inc owned approximately 0.14% of iShares Floating Rate Bond ETF worth $12,561,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Hartline Investment Corp raised its stake in shares of iShares Floating Rate Bond ETF by 36.7% in the 3rd quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock valued at $59,220,000 after acquiring an additional 311,232 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in iShares Floating Rate Bond ETF by 475.4% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 136,390 shares of the company’s stock valued at $6,967,000 after purchasing an additional 112,686 shares during the last quarter. Blue Capital Inc. acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth $2,696,000. NTV Asset Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 44.6% during the third quarter. NTV Asset Management LLC now owns 32,621 shares of the company’s stock worth $1,666,000 after buying an additional 10,065 shares during the period. Finally, WorthPointe LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at $653,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Monday. The business has a 50-day moving average of $50.93 and a 200 day moving average of $50.95. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34.

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.