Worth Asset Management LLC Buys Shares of 28,094 iShares Floating Rate Bond ETF $FLOT

Worth Asset Management LLC bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 28,094 shares of the company’s stock, valued at approximately $1,431,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cascade Wealth Advisors Inc grew its position in iShares Floating Rate Bond ETF by 26.3% in the third quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock worth $12,561,000 after acquiring an additional 51,392 shares during the period. Crews Bank & Trust increased its stake in iShares Floating Rate Bond ETF by 132.3% during the fourth quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock worth $4,090,000 after acquiring an additional 45,795 shares during the last quarter. Prevail Innovative Wealth Advisors LLC purchased a new stake in iShares Floating Rate Bond ETF in the third quarter valued at $1,560,000. Shira Ridge Wealth Management raised its position in iShares Floating Rate Bond ETF by 73.6% in the fourth quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock valued at $7,056,000 after purchasing an additional 58,813 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 6.4% in the 4th quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock valued at $9,790,000 after purchasing an additional 11,514 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $51.01 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09. The business’s fifty day simple moving average is $50.95 and its 200-day simple moving average is $50.92.

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.