Thryve Wealth Management LLC Purchases New Shares in iShares Floating Rate Bond ETF $FLOT

Thryve Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 63,967 shares of the company’s stock, valued at approximately $3,253,000. iShares Floating Rate Bond ETF makes up 1.6% of Thryve Wealth Management LLC’s portfolio, making the stock its 15th largest position.

A number of other hedge funds have also recently bought and sold shares of FLOT. Bank of America Corp DE lifted its position in shares of iShares Floating Rate Bond ETF by 0.6% during the third quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock valued at $452,060,000 after purchasing an additional 49,559 shares in the last quarter. Morgan Stanley increased its stake in iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 6,136,314 shares of the company’s stock valued at $312,093,000 after buying an additional 71,189 shares during the last quarter. Northern Trust Corp lifted its position in shares of iShares Floating Rate Bond ETF by 8.6% during the 4th quarter. Northern Trust Corp now owns 5,453,861 shares of the company’s stock worth $277,383,000 after buying an additional 432,264 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares Floating Rate Bond ETF by 1.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,254,227 shares of the company’s stock worth $165,510,000 after buying an additional 31,384 shares in the last quarter. Finally, New York Life Investment Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 1.8% in the fourth quarter. New York Life Investment Management LLC now owns 3,133,476 shares of the company’s stock valued at $159,369,000 after acquiring an additional 55,725 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $51.00 on Friday. The stock’s fifty day simple moving average is $50.95 and its two-hundred day simple moving average is $50.92. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.09.

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.