Royal Fund Management LLC Has $1.38 Million Holdings in iShares Floating Rate Bond ETF $FLOT

Royal Fund Management LLC decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 81.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,127 shares of the company’s stock after selling 119,425 shares during the quarter. Royal Fund Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,382,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FLOT. L.K. Benson & Company P.C. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after acquiring an additional 204 shares during the period. Donor Advised Charitable Giving Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 1.6% in the 4th quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock worth $732,000 after purchasing an additional 226 shares during the last quarter. Glen Eagle Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 6.6% in the 4th quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock worth $196,000 after purchasing an additional 237 shares during the last quarter. North Star Investment Management Corp. increased its position in shares of iShares Floating Rate Bond ETF by 18.6% during the 4th quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock worth $88,000 after purchasing an additional 271 shares in the last quarter. Finally, Ascent Group LLC increased its position in shares of iShares Floating Rate Bond ETF by 5.0% during the 4th quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock worth $288,000 after purchasing an additional 272 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $51.07 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.09. The firm has a 50-day moving average price of $50.99 and a 200 day moving average price of $50.94.

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.