iShares Floating Rate Bond ETF $FLOT Shares Purchased by Toews Corp ADV

Toews Corp ADV increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 0.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 49,228 shares of the company’s stock after acquiring an additional 304 shares during the period. iShares Floating Rate Bond ETF makes up approximately 0.4% of Toews Corp ADV’s holdings, making the stock its 12th largest holding. Toews Corp ADV’s holdings in iShares Floating Rate Bond ETF were worth $2,512,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Tompkins Financial Corp purchased a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $25,000. NorthRock Partners LLC increased its holdings in iShares Floating Rate Bond ETF by 269.5% during the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after purchasing an additional 380 shares during the last quarter. Asset Dedication LLC purchased a new stake in iShares Floating Rate Bond ETF during the 1st quarter worth approximately $29,000. WASHINGTON TRUST Co increased its holdings in iShares Floating Rate Bond ETF by 242.6% during the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after purchasing an additional 490 shares during the last quarter. Finally, SVB Wealth LLC purchased a new stake in iShares Floating Rate Bond ETF during the 1st quarter worth approximately $43,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $50.93 on Thursday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The stock’s 50 day moving average is $50.97 and its two-hundred 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.