iShares Floating Rate Bond ETF Stock Forecast, Price & News

Wall Street analysts have given iShares Floating Rate Bond ETF a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but iShares Floating Rate Bond ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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iShares Floating Rate Bond ETF's stock was trading at $49.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FLOT shares have increased by 2.6% and is now trading at $50.78.
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Based on aggregate information from My MarketBeat watchlists, some companies that other iShares Floating Rate Bond ETF investors own include Costco Wholesale (COST), JPMorgan Chase & Co. (JPM), Lockheed Martin (LMT), Visa (V), AbbVie (ABBV), Akamai Technologies (AKAM), Citigroup (C), Enterprise Products Partners (EPD), Hilton Worldwide (HLT) and Merck & Co., Inc. (MRK).

iShares Floating Rate Bond ETF trades on the BATS under the ticker symbol "FLOT."

iShares Floating Rate Bond ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.00%), UBS Group AG (0.00%), Envestnet Asset Management Inc. (0.00%), Advocacy Wealth Management Services LLC (0.00%), The PNC Financial Services Group Inc. (0.00%) and DAVENPORT & Co LLC (0.00%).

FLOT stock was sold by a variety of institutional investors in the last quarter, including IndexIQ Advisors LLC, Capital Investment Services of America Inc., Bank Julius Baer & Co. Ltd Zurich, Bank of New York Mellon Corp, Sawtooth Solutions LLC, CWM LLC, JPMorgan Chase & Co., and DAVENPORT & Co LLC.

FLOT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Advocacy Wealth Management Services LLC, US Bancorp DE, Wilsey Asset Management Inc., Envestnet Asset Management Inc., Alpha Cubed Investments LLC, Frisch Financial Group Inc., and The PNC Financial Services Group Inc..

Shares of FLOT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FLOT stock can currently be purchased for approximately $50.78.