iShares Floating Rate Bond Surges Past 200-Day Moving Average Signaling Bullish Momentum

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In trading on Friday, the iShares Floating Rate Bond ETF (FLOT) saw its shares cross above the 200-day moving average at $50.91, reaching a high of $50.92. The ETF is currently trading flat on the day, with a last trade price of $50.91.

FLOT’s 52-week range has seen a low of $49.75 and a high of $51.34.

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