Destiny Wealth Partners LLC Increases Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Destiny Wealth Partners LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 8.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 47,952 shares of the company’s stock after acquiring an additional 3,614 shares during the period. Destiny Wealth Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,448,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Blueprint Investment Partners LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at about $824,000. Principal Financial Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 61.8% in the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after acquiring an additional 12,550 shares in the last quarter. Colonial Trust Advisors lifted its position in shares of iShares Floating Rate Bond ETF by 2.1% in the fourth quarter. Colonial Trust Advisors now owns 243,175 shares of the company’s stock valued at $12,373,000 after acquiring an additional 4,992 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Floating Rate Bond ETF by 93.4% in the fourth quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock valued at $978,000 after acquiring an additional 9,287 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of iShares Floating Rate Bond ETF by 55.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock valued at $2,399,000 after acquiring an additional 16,856 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.3%

BATS:FLOT opened at $50.84 on Monday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The business’s 50-day moving average is $50.75 and its 200 day moving average is $50.89.

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.