Bay Rivers Group Acquires Shares of 4,161 iShares Floating Rate Bond ETF (BATS:FLOT)

Bay Rivers Group bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,161 shares of the company’s stock, valued at approximately $212,000.

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

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.05 on Tuesday. The firm has a 50 day simple moving average of $50.94 and a 200 day simple moving average of $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF 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.