Watts Gwilliam & Co. LLC Raises Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Watts Gwilliam & Co. LLC grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 219.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 23,281 shares of the company’s stock after acquiring an additional 15,982 shares during the period. Watts Gwilliam & Co. LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,186,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FLOT. Franklin Resources Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 31.0% during the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. US Bancorp DE boosted its holdings in shares of iShares Floating Rate Bond ETF by 143.8% during the 3rd quarter. US Bancorp DE now owns 624,945 shares of the company’s stock valued at $31,897,000 after buying an additional 368,596 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Floating Rate Bond ETF by 9.3% in the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock worth $178,620,000 after buying an additional 298,003 shares during the period. Hartline Investment Corp increased its stake in shares of iShares Floating Rate Bond ETF by 284.6% in the 3rd quarter. Hartline Investment Corp now owns 398,935 shares of the company’s stock worth $20,362,000 after acquiring an additional 295,204 shares in the last quarter. Finally, Toronto Dominion Bank purchased a new position in iShares Floating Rate Bond ETF during the 2nd quarter valued at about $12,772,000.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $50.94 on Friday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The company’s 50-day simple moving average is $50.93 and its 200 day simple moving average is $50.94.

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.