iShares Floating Rate Bond ETF $FLOT Holdings Lifted by Walker Financial Services Inc.

Walker Financial Services Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 24.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 547,826 shares of the company’s stock after purchasing an additional 108,406 shares during the period. iShares Floating Rate Bond ETF comprises approximately 10.1% of Walker Financial Services Inc.’s holdings, making the stock its 4th largest holding. Walker Financial Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $27,862,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FLOT. Penobscot Investment Management Company Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 17.7% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 167,369 shares of the company’s stock worth $8,512,000 after acquiring an additional 25,160 shares during the period. Probity Advisors Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 2.8% during the 4th quarter. Probity Advisors Inc. now owns 136,615 shares of the company’s stock worth $6,948,000 after acquiring an additional 3,779 shares during the period. Novem Group grew its holdings in shares of iShares Floating Rate Bond ETF by 61.1% during the 4th quarter. Novem Group now owns 18,043 shares of the company’s stock worth $918,000 after acquiring an additional 6,841 shares during the period. TriaGen Wealth Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 136.4% during the 4th quarter. TriaGen Wealth Management LLC now owns 489,463 shares of the company’s stock worth $24,894,000 after acquiring an additional 282,422 shares during the period. Finally, Klaas Financial Asset Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 2.8% during the 4th quarter. Klaas Financial Asset Advisors LLC now owns 24,075 shares of the company’s stock worth $1,224,000 after acquiring an additional 655 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $50.88 on Wednesday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09. The business’s 50 day moving average price is $50.89 and its two-hundred day moving average price is $50.92.

About iShares Floating Rate Bond ETF

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.