Stratos Wealth Partners LTD. Increases Stock Position in iShares Floating Rate Bond ETF $FLOT

Stratos Wealth Partners LTD. raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 15.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,418 shares of the company’s stock after acquiring an additional 18,620 shares during the period. Stratos Wealth Partners LTD. owned 0.08% of iShares Floating Rate Bond ETF worth $7,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of iShares Floating Rate Bond ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock valued at $452,060,000 after purchasing an additional 49,559 shares during the last quarter. Northern Trust Corp grew its stake in iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after buying an additional 408,643 shares during the last quarter. New York Life Investment Management LLC increased its position in iShares Floating Rate Bond ETF by 24.6% during the third quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after buying an additional 607,046 shares during the period. Glenview Trust Co lifted its stake in iShares Floating Rate Bond ETF by 3.9% in the third quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after buying an additional 102,353 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in iShares Floating Rate Bond ETF by 5.0% in the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after buying an additional 130,241 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.76 on Friday. The business has a 50 day simple moving average of $50.91 and a 200-day simple moving average of $50.93. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve 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.