Baring Financial LLC Increases Stake in iShares Floating Rate Bond ETF $FLOT

Baring Financial LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 14.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,700 shares of the company’s stock after acquiring an additional 11,570 shares during the period. iShares Floating Rate Bond ETF comprises approximately 2.8% of Baring Financial LLC’s holdings, making the stock its 13th largest position. Baring Financial LLC owned about 0.05% of iShares Floating Rate Bond ETF worth $4,613,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bogart Wealth LLC grew its holdings in iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after purchasing an additional 196 shares during the period. Westfuller Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $28,000. Lowe Brockenbrough & Co. Inc. bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $30,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at about $41,000. Finally, GPS Wealth Strategies Group LLC lifted its position in shares of iShares Floating Rate Bond ETF by 142.6% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after buying an additional 726 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0%

Shares of BATS:FLOT opened at $50.87 on Friday. The stock has a 50 day moving average of $50.94 and a 200 day moving average of $50.94. 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 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.