New England Private Wealth Advisors LLC Buys Shares of 32,772 iShares Floating Rate Bond ETF $FLOT

New England Private Wealth Advisors LLC bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 32,772 shares of the company’s stock, valued at approximately $1,674,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bogart Wealth LLC lifted its holdings 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 valued at $25,000 after buying an additional 196 shares during the last quarter. Westfuller Advisors LLC acquired a new position in iShares Floating Rate Bond ETF in the third quarter worth approximately $28,000. Lowe Brockenbrough & Co. Inc. acquired a new position in iShares Floating Rate Bond ETF in the third quarter worth approximately $30,000. Atlantic Union Bankshares Corp bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $41,000. Finally, GPS Wealth Strategies Group LLC raised its position in iShares Floating Rate Bond ETF by 142.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after acquiring an additional 726 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.87 on Monday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The company has a 50 day moving average price of $50.94 and a two-hundred day moving average price of $50.95.

iShares Floating Rate Bond ETF 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.