iShares Floating Rate Bond ETF $FLOT Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 58.3% in the third quarter, Holdings Channel reports. The fund owned 108,247 shares of the company’s stock after buying an additional 39,874 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Floating Rate Bond ETF were worth $5,529,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FLOT. Bogart Wealth LLC lifted its position in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after purchasing an additional 196 shares in the last quarter. Westfuller Advisors LLC purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth $28,000. SYM FINANCIAL Corp acquired a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth $37,000. TFC Financial Management Inc. acquired a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth $40,000. Finally, GPS Wealth Strategies Group LLC boosted its position in iShares Floating Rate Bond ETF by 142.6% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after buying an additional 726 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.94 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34. The business has a 50-day moving average of $50.91 and a 200-day moving average of $50.95.

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.