iShares Floating Rate Bond ETF $FLOT is LJI Wealth Management LLC’s 6th Largest Position

LJI Wealth Management LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 39.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 506,209 shares of the company’s stock after buying an additional 142,858 shares during the period. iShares Floating Rate Bond ETF comprises approximately 4.5% of LJI Wealth Management LLC’s holdings, making the stock its 6th largest holding. LJI Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $25,860,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bogart Wealth LLC grew its holdings in iShares Floating Rate Bond ETF by 68.5% during the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after acquiring an additional 196 shares in the last quarter. SYM FINANCIAL Corp purchased a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth approximately $37,000. TFC Financial Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth approximately $40,000. Wagner Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $63,000. Finally, Caldwell Trust Co purchased a new position in iShares Floating Rate Bond ETF during the second quarter valued at approximately $64,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.97 on Friday. The firm has a 50 day moving average of $50.92 and a 200 day moving average of $50.95. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

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.