Nutshell Asset Management Ltd Has $2.05 Million Holdings in iShares Floating Rate Bond ETF $FLOT

Nutshell Asset Management Ltd boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 73.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,026 shares of the company’s stock after acquiring an additional 17,000 shares during the period. iShares Floating Rate Bond ETF makes up approximately 1.0% of Nutshell Asset Management Ltd’s investment portfolio, making the stock its 24th largest holding. Nutshell Asset Management Ltd’s holdings in iShares Floating Rate Bond ETF were worth $2,045,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FLOT. Focus Partners Wealth lifted its holdings in shares of iShares Floating Rate Bond ETF by 8.9% during the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after purchasing an additional 1,088 shares in the last quarter. AE Wealth Management LLC increased its stake in iShares Floating Rate Bond ETF by 17.3% during the 2nd quarter. AE Wealth Management LLC now owns 120,948 shares of the company’s stock worth $6,171,000 after purchasing an additional 17,872 shares in the last quarter. Alpha Cubed Investments LLC raised its holdings in iShares Floating Rate Bond ETF by 2.3% during the 2nd quarter. Alpha Cubed Investments LLC now owns 47,553 shares of the company’s stock worth $2,426,000 after buying an additional 1,083 shares during the period. Nwam LLC raised its holdings in iShares Floating Rate Bond ETF by 11.5% during the 2nd quarter. Nwam LLC now owns 10,279 shares of the company’s stock worth $525,000 after buying an additional 1,059 shares during the period. Finally, Advyzon Investment Management LLC lifted its stake in iShares Floating Rate Bond ETF by 283.5% in the second quarter. Advyzon Investment Management LLC now owns 26,847 shares of the company’s stock valued at $1,370,000 after buying an additional 19,846 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.87 on Monday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The company has a 50 day moving average of $50.94 and a 200-day moving average 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.