Wealth Enhancement Advisory Services LLC Purchases 32,533 Shares of iShares Floating Rate Bond ETF $FLOT

Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 102.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,299 shares of the company’s stock after acquiring an additional 32,533 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,272,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Bogart Wealth LLC raised its position in 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 in the last quarter. Westfuller Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $28,000. Lowe Brockenbrough & Co. Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $30,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $41,000. Finally, GPS Wealth Strategies Group LLC boosted its stake in iShares Floating Rate Bond ETF by 142.6% in the third quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after buying an additional 726 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.2%

iShares Floating Rate Bond ETF stock opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The business’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $50.94.

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.