iShares Floating Rate Bond ETF $FLOT Shares Acquired by Arvest Investments Inc.

Arvest Investments Inc. raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 47.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,981 shares of the company’s stock after buying an additional 14,418 shares during the period. Arvest Investments Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,288,000 as of its most recent SEC filing.

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

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.76 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The firm has a 50-day moving average of $50.91 and a two-hundred day moving average of $50.93.

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.