Larch Capital Partners LLC Acquires Shares of 10,006 iShares Floating Rate Bond ETF $FLOT

Larch Capital Partners LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, Holdings Channel.com reports. The firm bought 10,006 shares of the company’s stock, valued at approximately $509,000. iShares Floating Rate Bond ETF comprises 0.1% of Larch Capital Partners LLC’s investment portfolio, making the stock its 27th largest position.

Several other institutional investors have also recently made changes to their positions in FLOT. L.K. Benson & Company P.C. lifted its stake in shares of iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after purchasing an additional 204 shares during the period. Donor Advised Charitable Giving Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 1.6% during the fourth quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock valued at $732,000 after purchasing an additional 226 shares in the last quarter. Glen Eagle Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 6.6% in the fourth quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock worth $196,000 after purchasing an additional 237 shares during the period. North Star Investment Management Corp. grew its stake in iShares Floating Rate Bond ETF by 18.6% in the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock worth $88,000 after purchasing an additional 271 shares during the period. Finally, Ascent Group LLC grew its stake in iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock worth $288,000 after purchasing an additional 272 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.1%

FLOT opened at $51.00 on Friday. The stock has a fifty day simple moving average of $50.95 and a two-hundred day simple moving average of $50.92. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-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.