LaFleur & Godfrey LLC Buys 39,303 Shares of iShares Floating Rate Bond ETF $FLOT

LaFleur & Godfrey LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 11.3% during the 3rd quarter, Holdings Channel reports. The fund owned 386,179 shares of the company’s stock after acquiring an additional 39,303 shares during the period. iShares Floating Rate Bond ETF comprises approximately 2.4% of LaFleur & Godfrey LLC’s investment portfolio, making the stock its 12th largest position. LaFleur & Godfrey LLC’s holdings in iShares Floating Rate Bond ETF were worth $19,728,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bogart Wealth LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after purchasing an additional 196 shares during the period. Westfuller Advisors LLC bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $28,000. Lowe Brockenbrough & Co. Inc. bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $30,000. SYM FINANCIAL Corp acquired a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $37,000. Finally, Atlantic Union Bankshares Corp bought a new position in iShares Floating Rate Bond ETF in the third quarter worth approximately $41,000.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.02 on Monday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The stock has a 50 day moving average price of $50.93 and a two-hundred day moving average price 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.