Capital Asset Advisory Services LLC Buys 944 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Capital Asset Advisory Services LLC boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,692 shares of the company’s stock after purchasing an additional 944 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,733,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Continental Investors Services Inc. grew its stake in iShares Floating Rate Bond ETF by 2.6% in the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after acquiring an additional 202 shares during the period. Pine Valley Investments Ltd Liability Co grew its stake in iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after acquiring an additional 214 shares during the period. Western Financial Corp CA grew its stake in iShares Floating Rate Bond ETF by 1.9% in the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after acquiring an additional 256 shares during the period. Flagstar Advisors Inc. grew its stake in iShares Floating Rate Bond ETF by 1.4% in the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after acquiring an additional 315 shares during the period. Finally, Summit Wealth Partners LLC grew its stake in iShares Floating Rate Bond ETF by 7.6% in the third quarter. Summit Wealth Partners LLC now owns 4,492 shares of the company’s stock valued at $229,000 after acquiring an additional 316 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.1 %

FLOT stock opened at $51.05 on Monday. The business has a 50-day moving average of $50.94 and a 200-day moving average of $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

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.