Nilsine Partners LLC Has $6.38 Million Holdings in iShares Floating Rate Bond ETF $FLOT

Nilsine Partners LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 22.3% in the 4th quarter, Holdings Channel reports. The fund owned 125,445 shares of the company’s stock after buying an additional 22,877 shares during the period. Nilsine Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FLOT. Jaffetilchin Investment Partners LLC boosted its position in shares of iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 29,742 shares of the company’s stock worth $1,513,000 after buying an additional 396 shares during the period. Chesley Taft & Associates LLC raised its position in iShares Floating Rate Bond ETF by 12.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 182,185 shares of the company’s stock valued at $9,266,000 after buying an additional 20,550 shares during the period. Wealthcare Advisory Partners LLC raised its position in iShares Floating Rate Bond ETF by 12.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 118,321 shares of the company’s stock valued at $6,018,000 after buying an additional 13,220 shares during the period. FC Advisory LLC lifted its stake in iShares Floating Rate Bond ETF by 4.0% in the 4th quarter. FC Advisory LLC now owns 154,349 shares of the company’s stock worth $7,850,000 after acquiring an additional 5,926 shares in the last quarter. Finally, Waller Financial Planning Group Inc. lifted its stake in iShares Floating Rate Bond ETF by 4.4% in the 4th quarter. Waller Financial Planning Group Inc. now owns 38,531 shares of the company’s stock worth $1,960,000 after acquiring an additional 1,615 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The business has a 50-day moving average price of $50.93 and a two-hundred day moving average price of $50.94.

About iShares Floating Rate Bond ETF

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.