Flputnam Investment Management Co. Purchases 111,966 Shares of iShares Floating Rate Bond ETF $FLOT

Flputnam Investment Management Co. raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,726,768 shares of the company’s stock after purchasing an additional 111,966 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 1.3% of Flputnam Investment Management Co.’s holdings, making the stock its 15th biggest holding. Flputnam Investment Management Co. owned approximately 0.99% of iShares Floating Rate Bond ETF worth $87,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Lowe Brockenbrough & Co. Inc. bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $30,000. Tucker Asset Management LLC bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $37,000. Atlantic Union Bankshares Corp bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $41,000. GPS Wealth Strategies Group LLC lifted its position in iShares Floating Rate Bond ETF by 142.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after purchasing an additional 726 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $72,000.

iShares Floating Rate Bond ETF Trading Up 0.1%

Shares of iShares Floating Rate Bond ETF stock opened at $51.05 on Wednesday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09. The company has a 50 day simple moving average of $50.91 and a two-hundred day simple moving average of $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.