Pine Valley Investments Ltd Liability Co Acquires Shares of 38,136 iShares Floating Rate Bond ETF $FLOT

Pine Valley Investments Ltd Liability Co bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,136 shares of the company’s stock, valued at approximately $1,943,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Evolution Wealth Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter worth $30,000. Quarry LP acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at about $36,000. Tucker Asset Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at about $37,000. Finally, Bayban bought a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $37,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.92 on Tuesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The stock has a 50-day moving average price of $50.99 and a two-hundred day moving average price of $50.95.

About iShares Floating Rate Bond ETF

(Free Report)

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.

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