L.K. Benson & Company P.C. Has $805,000 Holdings in iShares Floating Rate Bond ETF $FLOT

L.K. Benson & Company P.C. cut its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,785 shares of the company’s stock after selling 309 shares during the quarter. L.K. Benson & Company P.C.’s holdings in iShares Floating Rate Bond ETF were worth $805,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Columbus Macro LLC lifted its holdings in iShares Floating Rate Bond ETF by 9.2% during the 2nd quarter. Columbus Macro LLC now owns 146,908 shares of the company’s stock valued at $7,495,000 after purchasing an additional 12,391 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in iShares Floating Rate Bond ETF by 110.9% during the 2nd quarter. Valmark Advisers Inc. now owns 29,444 shares of the company’s stock valued at $1,502,000 after purchasing an additional 15,485 shares during the last quarter. Independent Solutions Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 4.5% during the 2nd quarter. Independent Solutions Wealth Management LLC now owns 53,390 shares of the company’s stock valued at $2,724,000 after purchasing an additional 2,277 shares during the last quarter. TriaGen Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 4.1% during the 2nd quarter. TriaGen Wealth Management LLC now owns 26,434 shares of the company’s stock valued at $1,349,000 after purchasing an additional 1,034 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 2nd quarter valued at $24,254,000.

iShares Floating Rate Bond ETF Stock Down 0.1%

Shares of iShares Floating Rate Bond ETF stock opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The business has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $50.89.

iShares Floating Rate Bond ETF 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.