iShares Floating Rate Bond ETF $FLOT Stock Holdings Increased by Occidental Asset Management LLC

Occidental Asset Management LLC lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 596,689 shares of the company’s stock after purchasing an additional 94,952 shares during the period. iShares Floating Rate Bond ETF comprises about 3.8% of Occidental Asset Management LLC’s holdings, making the stock its 3rd largest holding. Occidental Asset Management LLC owned about 0.34% of iShares Floating Rate Bond ETF worth $30,482,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FLOT. Alesco Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 22.3% in the 3rd quarter. Alesco Advisors LLC now owns 88,981 shares of the company’s stock valued at $4,546,000 after purchasing an additional 16,211 shares in the last quarter. Alliance Wealth Management Group raised its stake in iShares Floating Rate Bond ETF by 19.9% in the third quarter. Alliance Wealth Management Group now owns 272,062 shares of the company’s stock valued at $13,898,000 after buying an additional 45,118 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in iShares Floating Rate Bond ETF by 646.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,464 shares of the company’s stock worth $177,000 after buying an additional 3,000 shares during the last quarter. Octavia Wealth Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 6.1% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 28,331 shares of the company’s stock worth $1,447,000 after buying an additional 1,628 shares during the last quarter. Finally, Well Done LLC boosted its position in shares of iShares Floating Rate Bond ETF by 9.2% during the 3rd quarter. Well Done LLC now owns 12,650 shares of the company’s stock worth $646,000 after acquiring an additional 1,062 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0%

Shares of FLOT opened at $50.97 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The stock has a 50 day moving average price of $50.92 and a 200 day moving average price 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.