15,539 Shares in iShares Floating Rate Bond ETF $FLOT Bought by Meridian Financial Partners LLC

Meridian Financial Partners LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,539 shares of the company’s stock, valued at approximately $792,000.

Several other large investors have also added to or reduced their stakes in the business. Hartline Investment Corp boosted its holdings in shares of iShares Floating Rate Bond ETF by 36.7% in the 3rd quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock valued at $59,220,000 after buying an additional 311,232 shares during the last quarter. Cascade Wealth Advisors Inc boosted its holdings in shares of iShares Floating Rate Bond ETF by 26.3% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock valued at $12,561,000 after buying an additional 51,392 shares during the last quarter. Elmwood Wealth Management Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 49.1% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 59,913 shares of the company’s stock valued at $3,061,000 after buying an additional 19,725 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 0.7% in the 3rd quarter. Assetmark Inc. now owns 1,839,990 shares of the company’s stock valued at $93,996,000 after buying an additional 12,153 shares during the last quarter. Finally, Crews Bank & Trust boosted its holdings in shares of iShares Floating Rate Bond ETF by 132.3% in the 4th quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock valued at $4,090,000 after buying an additional 45,795 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $50.94 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The stock has a 50 day moving average of $50.88 and a 200-day moving average of $50.92.

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.