Alpha Cubed Investments LLC Acquires 724 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Alpha Cubed Investments LLC boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,793 shares of the company’s stock after acquiring an additional 724 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,483,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLOT. JPMorgan Chase & Co. raised its position in iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Floating Rate Bond ETF by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock valued at $1,276,000 after acquiring an additional 502 shares during the period. Sanctuary Advisors LLC increased its stake in iShares Floating Rate Bond ETF by 14.2% in the third quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after purchasing an additional 12,859 shares during the period. Atria Investments Inc boosted its stake in shares of iShares Floating Rate Bond ETF by 65.0% during the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after purchasing an additional 5,979 shares during the period. Finally, Smith Thornton Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter worth about $460,000.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $51.02 on Tuesday. The firm has a 50-day moving average of $50.94 and a two-hundred day moving average of $50.94. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

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.