JPMorgan Chase & Co. Acquires 91,686 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

JPMorgan Chase & Co. increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 15.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 695,321 shares of the company’s stock after purchasing an additional 91,686 shares during the period. JPMorgan Chase & Co. owned approximately 0.48% of iShares Floating Rate Bond ETF worth $35,489,000 at the end of the most recent quarter.

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

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.91 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The company has a fifty day moving average price of $50.94 and a 200-day moving average price of $50.94.

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.