Evanson Asset Management LLC Invests $292,000 in iShares Floating Rate Bond ETF (BATS:FLOT)

Evanson Asset Management LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 5,746 shares of the company’s stock, valued at approximately $292,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. acquired a new position in iShares Floating Rate Bond ETF in the third quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $41,000. Finally, Bull Oak Capital LLC acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $115,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

iShares Floating Rate Bond ETF stock opened at $51.02 on Tuesday. The company has a 50 day moving average of $50.94 and a 200-day moving average of $50.94. 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.