WJ Wealth Management LLC Has $224,000 Position in iShares Floating Rate Bond ETF $FLOT

WJ Wealth Management LLC cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 69.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,400 shares of the company’s stock after selling 10,047 shares during the quarter. WJ Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $224,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Spire Wealth Management increased its position in 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 period. Pinnacle Associates Ltd. increased its position in iShares Floating Rate Bond ETF by 1.7% in the first quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock worth $769,000 after purchasing an additional 251 shares during the period. Cresset Asset Management LLC increased its position in iShares Floating Rate Bond ETF by 0.6% in the first quarter. Cresset Asset Management LLC now owns 43,171 shares of the company’s stock worth $2,204,000 after purchasing an additional 252 shares during the period. Bluesphere Advisors LLC increased its position in iShares Floating Rate Bond ETF by 0.8% in the first quarter. Bluesphere Advisors LLC now owns 33,745 shares of the company’s stock worth $1,723,000 after purchasing an additional 260 shares during the period. Finally, Peddock Capital Advisors LLC increased its position in iShares Floating Rate Bond ETF by 6.7% in the first quarter. Peddock Capital Advisors LLC now owns 4,247 shares of the company’s stock worth $217,000 after purchasing an additional 267 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.1%

Shares of FLOT stock opened at $50.93 on Thursday. The stock has a 50-day moving average price of $50.97 and a 200 day moving average price of $50.89. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34.

iShares Floating Rate Bond ETF Company 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.