Flavin Financial Services Inc. cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 41.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,207 shares of the company’s stock after selling 5,851 shares during the period. Flavin Financial Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $419,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the stock. Ballast Inc. acquired a new stake in iShares Floating Rate Bond ETF during the second quarter worth approximately $1,168,000. International Assets Investment Management LLC lifted its position in iShares Floating Rate Bond ETF by 5.4% during the second quarter. International Assets Investment Management LLC now owns 21,585 shares of the company’s stock worth $1,101,000 after acquiring an additional 1,114 shares during the last quarter. Carmel Capital Partners LLC lifted its position in iShares Floating Rate Bond ETF by 5.3% during the second 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. Stratos Wealth Partners LTD. lifted its position in iShares Floating Rate Bond ETF by 0.3% during the second quarter. Stratos Wealth Partners LTD. now owns 117,104 shares of the company’s stock worth $5,975,000 after acquiring an additional 329 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in iShares Floating Rate Bond ETF by 14.7% during the second quarter. Private Trust Co. NA now owns 15,938 shares of the company’s stock worth $813,000 after acquiring an additional 2,046 shares during the last quarter.
iShares Floating Rate Bond ETF Trading Down 0.0%
BATS FLOT opened at $50.96 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34. The company has a 50 day moving average of $50.97 and a 200-day 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.
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