Kanawha Capital Management LLC decreased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 7.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 24,604 shares of the company’s stock after selling 2,000 shares during the quarter. Kanawha Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,255,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Northern Trust Corp increased its stake in iShares Floating Rate Bond ETF by 11.0% in the first quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after acquiring an additional 447,443 shares during the period. LPL Financial LLC increased its stake in iShares Floating Rate Bond ETF by 20.0% in the first quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock valued at $217,736,000 after acquiring an additional 709,617 shares during the period. Ameriprise Financial Inc. increased its stake in iShares Floating Rate Bond ETF by 143.4% in the first quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after acquiring an additional 1,538,926 shares during the period. Glenview Trust co increased its stake in iShares Floating Rate Bond ETF by 4.0% in the first quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after acquiring an additional 97,749 shares during the period. Finally, Royal Bank of Canada increased its stake in iShares Floating Rate Bond ETF by 59.0% in the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after acquiring an additional 872,352 shares during the period.
iShares Floating Rate Bond ETF Price Performance
BATS FLOT opened at $50.96 on Friday. The company’s 50-day simple moving average is $50.97 and its 200 day simple moving average is $50.89. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve 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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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