iShares Floating Rate Bond ETF $FLOT is Occidental Asset Management LLC’s 3rd Largest Position

Occidental Asset Management LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 596,689 shares of the company’s stock after acquiring an additional 94,952 shares during the period. iShares Floating Rate Bond ETF makes up about 3.8% of Occidental Asset Management LLC’s investment portfolio, making the stock its 3rd biggest position. Occidental Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $30,482,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Bogart Wealth LLC raised its position in shares of iShares Floating Rate Bond ETF by 68.5% during the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after purchasing an additional 196 shares during the last quarter. SYM FINANCIAL Corp acquired a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at about $37,000. TFC Financial Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth about $40,000. Wagner Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $63,000. Finally, Caldwell Trust Co purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter worth approximately $64,000.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.97 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The business’s fifty day moving average is $50.92 and its two-hundred day moving average is $50.95.

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.