iShares Floating Rate Bond ETF $FLOT Shares Sold by L.M. Kohn & Company

L.M. Kohn & Company cut its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 34.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,132 shares of the company’s stock after selling 7,929 shares during the quarter. L.M. Kohn & Company’s holdings in iShares Floating Rate Bond ETF were worth $772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of FLOT. Tompkins Financial Corp purchased a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth about $25,000. NorthRock Partners LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 269.5% in the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock valued at $27,000 after purchasing an additional 380 shares during the last quarter. Asset Dedication LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the first quarter valued at approximately $29,000. WASHINGTON TRUST Co raised its position in iShares Floating Rate Bond ETF by 242.6% during the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after buying an additional 490 shares during the last quarter. Finally, SYM FINANCIAL Corp purchased a new position in iShares Floating Rate Bond ETF during the second quarter worth about $37,000.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $51.06 on Wednesday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The business has a fifty day moving average of $50.97 and a two-hundred day moving average of $50.92.

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.