iShares Floating Rate Bond ETF $FLOT Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,046,357 shares of the company’s stock after acquiring an additional 66,182 shares during the period. Franklin Resources Inc.’s holdings in iShares Floating Rate Bond ETF were worth $154,938,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. L.K. Benson & Company P.C. grew its stake in shares of iShares Floating Rate Bond ETF by 1.3% during the 4th quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after buying an additional 204 shares during the period. Donor Advised Charitable Giving Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 1.6% during the 4th quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock valued at $732,000 after buying an additional 226 shares during the period. North Star Investment Management Corp. grew its stake in shares of iShares Floating Rate Bond ETF by 18.6% during the 4th quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock valued at $88,000 after buying an additional 271 shares during the period. Ascent Group LLC grew its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the 4th quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after buying an additional 272 shares during the period. Finally, Frisch Financial Group Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 1.2% during the 3rd quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock valued at $1,143,000 after buying an additional 274 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.95 on Thursday. The company has a fifty day moving average price of $50.92 and a 200 day moving average price of $50.92. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09.

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.