Jones Financial Companies Lllp Raises Position in iShares Floating Rate Bond ETF $FLOT

Jones Financial Companies Lllp lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 20.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 69,436 shares of the company’s stock after purchasing an additional 11,946 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Floating Rate Bond ETF were worth $3,547,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FLOT. Bogart Wealth LLC increased its position 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 acquiring an additional 196 shares during the last quarter. Westfuller Advisors LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $28,000. SYM FINANCIAL Corp bought a new position in iShares Floating Rate Bond ETF during the 2nd quarter valued at about $37,000. TFC Financial Management Inc. purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter worth about $40,000. Finally, GPS Wealth Strategies Group LLC raised its position in 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 worth $63,000 after purchasing an additional 726 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.94 on Friday. The business has a 50 day simple moving average of $50.91 and a two-hundred day simple moving average of $50.95. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year 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.