J.W. Cole Advisors Inc. Boosts Holdings in iShares Floating Rate Bond ETF $FLOT

J.W. Cole Advisors Inc. grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 27.5% in the third quarter, Holdings Channel reports. The institutional investor owned 141,439 shares of the company’s stock after buying an additional 30,499 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $7,225,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC increased its stake in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after acquiring an additional 196 shares during the period. Westfuller Advisors LLC purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $28,000. SYM FINANCIAL Corp purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $37,000. TFC Financial Management Inc. acquired a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $40,000. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $41,000.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.91 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The business has a 50 day simple moving average of $50.92 and a 200-day simple moving average 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.