Bleakley Financial Group LLC Sells 1,906 Shares of iShares Floating Rate Bond ETF $FLOT

Bleakley Financial Group LLC decreased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.8% in the 2nd quarter, Holdings Channel reports. The fund owned 66,322 shares of the company’s stock after selling 1,906 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,384,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc increased its position in iShares Floating Rate Bond ETF by 11.5% during the 1st quarter. IFP Advisors Inc now owns 15,581 shares of the company’s stock worth $795,000 after purchasing an additional 1,612 shares in the last quarter. Beaird Harris Wealth Management LLC grew its stake in shares of iShares Floating Rate Bond ETF by 0.8% during the first quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock worth $1,905,000 after buying an additional 286 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares Floating Rate Bond ETF by 43.3% during the first quarter. Bank of New York Mellon Corp now owns 57,406 shares of the company’s stock worth $2,931,000 after buying an additional 17,346 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 32.6% during the 2nd quarter. Focus Financial Network Inc. now owns 11,841 shares of the company’s stock valued at $604,000 after acquiring an additional 2,912 shares in the last quarter. Finally, Carmel Capital Partners LLC grew its position in iShares Floating Rate Bond ETF by 5.3% during the 2nd quarter. Carmel Capital Partners LLC now owns 103,591 shares of the company’s stock worth $5,285,000 after acquiring an additional 5,255 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

Shares of FLOT opened at $51.03 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The business has a 50-day simple moving average of $50.97 and a two-hundred day simple moving average of $50.90.

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.