Smartleaf Asset Management LLC Buys Shares of 11,846 iShares Floating Rate Bond ETF $FLOT

Smartleaf Asset Management LLC bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,846 shares of the company’s stock, valued at approximately $605,000.

Other hedge funds have also modified their holdings of the company. Hartline Investment Corp boosted its stake in iShares Floating Rate Bond ETF by 36.7% in the third quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock valued at $59,220,000 after acquiring an additional 311,232 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of iShares Floating Rate Bond ETF by 475.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 136,390 shares of the company’s stock valued at $6,967,000 after purchasing an additional 112,686 shares during the last quarter. Blue Capital Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at $2,696,000. NTV Asset Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 44.6% in the 3rd quarter. NTV Asset Management LLC now owns 32,621 shares of the company’s stock worth $1,666,000 after purchasing an additional 10,065 shares in the last quarter. Finally, WorthPointe LLC purchased a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth $653,000.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of BATS:FLOT opened at $50.95 on Wednesday. The business’s 50-day moving average is $50.92 and its 200 day moving average is $50.95. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year 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.