Avior Wealth Management LLC Raises Stake in iShares Floating Rate Bond ETF $FLOT

Avior Wealth Management LLC raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 51.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 362,408 shares of the company’s stock after purchasing an additional 122,384 shares during the quarter. Avior Wealth Management LLC owned about 0.21% of iShares Floating Rate Bond ETF worth $18,432,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Park Avenue Securities LLC increased its position in iShares Floating Rate Bond ETF by 9.0% in the 4th quarter. Park Avenue Securities LLC now owns 44,903 shares of the company’s stock valued at $2,284,000 after acquiring an additional 3,718 shares during the period. Holos Integrated Wealth LLC purchased a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $797,000. Union Bancaire Privee UBP SA acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $274,000. Insight Wealth Strategies LLC lifted its position in iShares Floating Rate Bond ETF by 6.5% during the 4th quarter. Insight Wealth Strategies LLC now owns 79,574 shares of the company’s stock worth $4,047,000 after acquiring an additional 4,836 shares during the period. Finally, Triumph Capital Management purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $128,000.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $50.88 on Friday. The stock’s 50 day simple moving average is $50.94 and its 200-day simple moving average is $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 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.