White Pine Capital LLC Buys 13,247 Shares of iShares Floating Rate Bond ETF $FLOT

White Pine Capital LLC grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 16.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,372 shares of the company’s stock after acquiring an additional 13,247 shares during the period. iShares Floating Rate Bond ETF accounts for about 1.4% of White Pine Capital LLC’s investment portfolio, making the stock its 12th biggest position. White Pine Capital LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Franklin Resources Inc. raised its position in iShares Floating Rate Bond ETF by 10.8% in the 2nd quarter. Franklin Resources Inc. now owns 3,209,096 shares of the company’s stock worth $163,728,000 after purchasing an additional 313,769 shares during the last quarter. New York Life Investment Management LLC increased its stake in shares of iShares Floating Rate Bond ETF by 24.6% in the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock valued at $157,227,000 after buying an additional 607,046 shares during the period. Glenview Trust Co raised its position in shares of iShares Floating Rate Bond ETF by 3.9% during the third quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock worth $140,863,000 after acquiring an additional 102,353 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after acquiring an additional 130,241 shares during the period. Finally, Glenview Trust co lifted its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the second quarter. Glenview Trust co now owns 2,655,067 shares of the company’s stock valued at $135,462,000 after acquiring an additional 125,640 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.0%

Shares of FLOT stock opened at $51.02 on Friday. The stock has a 50-day moving average price of $50.93 and a 200 day moving average price of $50.95. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34.

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.