iShares Floating Rate Bond ETF (BATS:FLOT) Position Increased by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 145,991 shares of the company’s stock after buying an additional 2,289 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in iShares Floating Rate Bond ETF were worth $7,428,000 at the end of the most recent quarter.

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

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.94 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The company’s fifty day simple moving average is $50.93 and its 200-day simple moving average is $50.94.

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.