iShares Floating Rate Bond ETF $FLOT Shares Purchased by Milestone Asset Management LLC

Milestone Asset Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2,121.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 367,231 shares of the company’s stock after acquiring an additional 350,700 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 3.5% of Milestone Asset Management LLC’s investment portfolio, making the stock its 5th largest holding. Milestone Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $18,677,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares Floating Rate Bond ETF by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after purchasing an additional 49,559 shares in the last quarter. Northern Trust Corp raised its stake in shares of iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after purchasing an additional 408,643 shares in the last quarter. New York Life Investment Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after purchasing an additional 607,046 shares in the last quarter. Glenview Trust Co raised its stake in shares of iShares Floating Rate Bond ETF by 3.9% during the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock worth $140,863,000 after purchasing an additional 102,353 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after purchasing an additional 130,241 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

FLOT opened at $50.93 on Thursday. 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 has a 50-day moving average of $50.89 and a 200-day moving average of $50.92.

iShares Floating Rate Bond ETF Company 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.