Diversify Advisory Services LLC Purchases 6,039 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Diversify Advisory Services LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 47.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,832 shares of the company’s stock after purchasing an additional 6,039 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $959,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FLOT. Logan Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Darwin Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Eastern Bank purchased a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth $41,000. Finally, Bull Oak Capital LLC bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth $115,000.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $51.02 on Tuesday. The company has a 50-day simple moving average of $50.94 and a two-hundred day simple moving average of $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

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.