Chesley Taft & Associates LLC Has $9.27 Million Stake in iShares Floating Rate Bond ETF $FLOT

Chesley Taft & Associates LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 12.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 182,185 shares of the company’s stock after buying an additional 20,550 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares Floating Rate Bond ETF were worth $9,266,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its stake in shares of iShares Floating Rate Bond ETF by 12.6% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 118,321 shares of the company’s stock worth $6,018,000 after purchasing an additional 13,220 shares during the last quarter. FC Advisory LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 4.0% in the 4th quarter. FC Advisory LLC now owns 154,349 shares of the company’s stock valued at $7,850,000 after purchasing an additional 5,926 shares during the last quarter. Waller Financial Planning Group Inc. boosted its holdings in iShares Floating Rate Bond ETF by 4.4% in the fourth quarter. Waller Financial Planning Group Inc. now owns 38,531 shares of the company’s stock worth $1,960,000 after purchasing an additional 1,615 shares in the last quarter. Parsons Capital Management Inc. RI boosted its holdings in iShares Floating Rate Bond ETF by 12.8% in the fourth quarter. Parsons Capital Management Inc. RI now owns 229,117 shares of the company’s stock worth $11,653,000 after purchasing an additional 25,918 shares in the last quarter. Finally, Well Done LLC increased its position in iShares Floating Rate Bond ETF by 25.5% during the fourth quarter. Well Done LLC now owns 15,878 shares of the company’s stock worth $808,000 after buying an additional 3,228 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.76 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The stock’s 50-day moving average is $50.93 and its two-hundred day moving average is $50.94.

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.