D.A. Davidson & CO. Has $2.37 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

D.A. Davidson & CO. raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 4.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,482 shares of the company’s stock after buying an additional 2,015 shares during the period. D.A. Davidson & CO.’s holdings in iShares Floating Rate Bond ETF were worth $2,372,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth approximately $27,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth about $27,000. Eastern Bank bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $41,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth about $50,000. Finally, Bull Oak Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at about $115,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $51.08 on Friday. The business has a 50 day moving average price of $50.97 and a 200 day moving average price of $50.97. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

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.