Charter Oak Capital Management LLC Sells 3,140 Shares of iShares Floating Rate Bond ETF $FLOT

Charter Oak Capital Management LLC trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 32.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,615 shares of the company’s stock after selling 3,140 shares during the quarter. Charter Oak Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $337,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Two West Capital Advisors LLC increased its stake in iShares Floating Rate Bond ETF by 1.6% in the first quarter. Two West Capital Advisors LLC now owns 12,930 shares of the company’s stock worth $651,000 after purchasing an additional 200 shares during the period. Spire Wealth Management grew its holdings in shares of iShares Floating Rate Bond ETF by 13.0% in the first quarter. Spire Wealth Management now owns 1,880 shares of the company’s stock worth $96,000 after purchasing an additional 217 shares during the last quarter. DHK Financial Advisors Inc. increased its stake in iShares Floating Rate Bond ETF by 0.8% in the 1st quarter. DHK Financial Advisors Inc. now owns 31,971 shares of the company’s stock worth $1,632,000 after buying an additional 245 shares during the period. Breakwater Capital Group increased its stake in iShares Floating Rate Bond ETF by 2.5% in the 1st quarter. Breakwater Capital Group now owns 10,164 shares of the company’s stock worth $519,000 after buying an additional 250 shares during the period. Finally, Pinnacle Associates Ltd. lifted its holdings in iShares Floating Rate Bond ETF by 1.7% during the 1st quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock valued at $769,000 after buying an additional 251 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.99 on Friday. The firm has a 50-day moving average of $50.97 and a two-hundred day moving average of $50.89. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34.

About iShares Floating Rate Bond ETF

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.