Destiny Wealth Partners LLC Increases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Destiny Wealth Partners LLC boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,338 shares of the company’s stock after purchasing an additional 2,965 shares during the period. Destiny Wealth Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,256,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in iShares Floating Rate Bond ETF by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Floating Rate Bond ETF by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after purchasing an additional 502 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 14.2% in the third quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock valued at $5,294,000 after buying an additional 12,859 shares during the period. Atria Investments Inc raised its stake in shares of iShares Floating Rate Bond ETF by 65.0% in the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after buying an additional 5,979 shares during the period. Finally, TCP Asset Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 15.7% in the third quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock valued at $17,693,000 after buying an additional 47,061 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.10 on Friday. The stock’s fifty day moving average price is $50.95 and its two-hundred day moving average price is $50.95. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF 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.