Castle Rock Wealth Management LLC Decreases Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Castle Rock Wealth Management LLC trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 20.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,178 shares of the company’s stock after selling 29,793 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 1.3% of Castle Rock Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Castle Rock Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,066,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Bank of America Corp DE lifted its stake in iShares Floating Rate Bond ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after purchasing an additional 49,559 shares in the last quarter. Northern Trust Corp lifted its stake in iShares Floating Rate Bond ETF by 8.9% in the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after purchasing an additional 408,643 shares in the last quarter. New York Life Investment Management LLC lifted its stake in iShares Floating Rate Bond ETF by 24.6% in the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after purchasing an additional 607,046 shares in the last quarter. Glenview Trust Co raised its position in shares of iShares Floating Rate Bond ETF by 3.9% during the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after buying an additional 102,353 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Floating Rate Bond ETF by 5.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after buying an additional 130,241 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0%

FLOT stock opened at $50.93 on Thursday. The firm’s 50 day moving average price is $50.88 and its 200-day moving average price is $50.92. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.09.

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.