Cibc World Market Inc. Has $7.73 Million Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Cibc World Market Inc. lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 62.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,007 shares of the company’s stock after acquiring an additional 58,349 shares during the period. Cibc World Market Inc. owned approximately 0.09% of iShares Floating Rate Bond ETF worth $7,731,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Focus Partners Wealth raised its holdings in iShares Floating Rate Bond ETF by 8.9% during the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock worth $678,000 after buying an additional 1,088 shares during the period. Diversify Wealth Management LLC raised its holdings in iShares Floating Rate Bond ETF by 70.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock worth $606,000 after buying an additional 4,907 shares during the period. Transamerica Financial Advisors LLC raised its holdings in iShares Floating Rate Bond ETF by 5.8% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock worth $2,732,000 after buying an additional 2,934 shares during the period. Raymond James Financial Inc. raised its holdings in iShares Floating Rate Bond ETF by 13.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock worth $57,364,000 after buying an additional 135,488 shares during the period. Finally, Ausdal Financial Partners Inc. raised its holdings in iShares Floating Rate Bond ETF by 30.6% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock worth $1,138,000 after buying an additional 5,231 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.93 on Friday. The company’s 50 day moving average price is $50.92 and its two-hundred day moving average price is $50.92. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09.

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.