Crews Bank & Trust Takes Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Crews Bank & Trust acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 18,427 shares of the company’s stock, valued at approximately $938,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FLOT. Baring Financial LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth about $2,460,000. DHK Financial Advisors Inc. raised its stake in iShares Floating Rate Bond ETF by 1.8% during the fourth quarter. DHK Financial Advisors Inc. now owns 31,726 shares of the company’s stock valued at $1,614,000 after buying an additional 574 shares in the last quarter. Greenup Street Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 11.5% during the 4th quarter. Greenup Street Wealth Management LLC now owns 19,980 shares of the company’s stock worth $1,017,000 after buying an additional 2,068 shares during the last quarter. Bay Rivers Group acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter worth approximately $212,000. Finally, Nilsine Partners LLC lifted its stake in iShares Floating Rate Bond ETF by 30.7% during the fourth quarter. Nilsine Partners LLC now owns 10,391 shares of the company’s stock worth $529,000 after purchasing an additional 2,439 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $51.07 on Thursday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The company’s fifty day moving average is $50.94 and its two-hundred day moving average is $50.95.

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.