iShares Floating Rate Bond ETF $FLOT Shares Bought by Shira Ridge Wealth Management

Shira Ridge Wealth Management grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 73.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,733 shares of the company’s stock after purchasing an additional 58,813 shares during the quarter. iShares Floating Rate Bond ETF makes up 2.8% of Shira Ridge Wealth Management’s portfolio, making the stock its 12th largest holding. Shira Ridge Wealth Management owned about 0.08% of iShares Floating Rate Bond ETF worth $7,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in FLOT. Accelerate Investment Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $217,000. Capital Asset Advisory Services LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 2.2% during the fourth quarter. Capital Asset Advisory Services LLC now owns 53,857 shares of the company’s stock valued at $2,740,000 after acquiring an additional 1,165 shares during the period. Breakwater Capital Group boosted its holdings in shares of iShares Floating Rate Bond ETF by 6.9% during the fourth quarter. Breakwater Capital Group now owns 5,148 shares of the company’s stock valued at $262,000 after acquiring an additional 331 shares during the period. Stephens Group Asset Management LLC grew its position in shares of iShares Floating Rate Bond ETF by 5.9% during the fourth quarter. Stephens Group Asset Management LLC now owns 18,576 shares of the company’s stock worth $945,000 after acquiring an additional 1,041 shares during the last quarter. Finally, Elmwood Wealth Management Inc. grew its position in shares of iShares Floating Rate Bond ETF by 13.0% during the fourth quarter. Elmwood Wealth Management Inc. now owns 67,709 shares of the company’s stock worth $3,444,000 after acquiring an additional 7,796 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0%

FLOT stock opened at $50.96 on Wednesday. The firm’s 50-day simple moving average is $50.94 and its 200 day simple moving average is $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week 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.