Assetmark Inc. increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 2.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,965,478 shares of the company’s stock after buying an additional 46,823 shares during the period. Assetmark Inc. owned 1.12% of iShares Floating Rate Bond ETF worth $100,141,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. SteelPeak Wealth LLC grew its stake in shares of iShares Floating Rate Bond ETF by 40.9% during the first quarter. SteelPeak Wealth LLC now owns 20,526 shares of the company’s stock worth $1,046,000 after purchasing an additional 5,959 shares during the period. Independent Financial Group LLC bought a new stake in iShares Floating Rate Bond ETF in the first quarter valued at about $1,593,000. D.A. Davidson & CO. lifted its stake in iShares Floating Rate Bond ETF by 6.1% in the first quarter. D.A. Davidson & CO. now owns 68,988 shares of the company’s stock valued at $3,515,000 after buying an additional 3,971 shares during the period. Midwest Professional Planners LTD. acquired a new position in iShares Floating Rate Bond ETF in the first quarter valued at about $206,000. Finally, Sherman Asset Management Inc. boosted its holdings in iShares Floating Rate Bond ETF by 35.7% during the first quarter. Sherman Asset Management Inc. now owns 10,233 shares of the company’s stock worth $521,000 after buying an additional 2,694 shares during the last quarter.
iShares Floating Rate Bond ETF Stock Performance
iShares Floating Rate Bond ETF stock opened at $50.98 on Friday. The business has a 50-day moving average of $50.98 and a 200-day moving average of $50.93. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year 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.
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