iShares Floating Rate Bond ETF $FLOT Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,046,357 shares of the company’s stock after buying an additional 66,182 shares during the period. Franklin Resources Inc. owned about 1.74% of iShares Floating Rate Bond ETF worth $154,938,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Sense Advisors Inc. increased its position in shares of iShares Floating Rate Bond ETF by 772.5% during the third quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after purchasing an additional 626,378 shares in the last quarter. New England Private Wealth Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 1,456.2% during the fourth quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock worth $25,952,000 after purchasing an additional 477,237 shares in the last quarter. Northern Trust Corp increased its position in shares of iShares Floating Rate Bond ETF by 8.9% during the third quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after purchasing an additional 408,643 shares in the last quarter. Milestone Asset Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 2,121.5% during the fourth quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock worth $18,677,000 after buying an additional 350,700 shares during the last quarter. Finally, TriaGen Wealth Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 136.4% during the fourth quarter. TriaGen Wealth Management LLC now owns 489,463 shares of the company’s stock worth $24,894,000 after buying an additional 282,422 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09. The business’s 50-day moving average price is $50.92 and its 200 day moving average price is $50.92.

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.