Alpha Zero LLC Buys 40,570 Shares of iShares Floating Rate Bond ETF $FLOT

Alpha Zero LLC raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 21.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 226,132 shares of the company’s stock after acquiring an additional 40,570 shares during the quarter. iShares Floating Rate Bond ETF comprises 5.8% of Alpha Zero LLC’s holdings, making the stock its 5th largest position. Alpha Zero LLC owned 0.13% of iShares Floating Rate Bond ETF worth $11,521,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Crews Bank & Trust raised its position in shares of iShares Floating Rate Bond ETF by 132.3% in the 4th quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock valued at $4,090,000 after buying an additional 45,795 shares in the last quarter. Shira Ridge Wealth Management boosted its position in shares of iShares Floating Rate Bond ETF by 73.6% during the 4th quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock worth $7,056,000 after acquiring an additional 58,813 shares in the last quarter. Apollon Wealth Management LLC increased its stake in iShares Floating Rate Bond ETF by 6.4% in the fourth quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock valued at $9,790,000 after acquiring an additional 11,514 shares during the last quarter. International Assets Investment Management LLC increased its stake in iShares Floating Rate Bond ETF by 68.3% in the fourth quarter. International Assets Investment Management LLC now owns 36,337 shares of the company’s stock valued at $1,848,000 after acquiring an additional 14,752 shares during the last quarter. Finally, Sowell Financial Services LLC increased its stake in iShares Floating Rate Bond ETF by 76.0% in the fourth quarter. Sowell Financial Services LLC now owns 65,183 shares of the company’s stock valued at $3,315,000 after acquiring an additional 28,156 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.99 on Tuesday. The firm has a 50 day simple moving average of $50.98 and a two-hundred day simple moving average of $50.94. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.09.

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.