13,330 iShares Floating Rate Bond ETF $FLOT Shares Sold by Thryve Wealth Management LLC

Thryve Wealth Management LLC lowered its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 15.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 73,521 shares of the company’s stock after selling 13,330 shares during the period. iShares Floating Rate Bond ETF makes up about 2.1% of Thryve Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Thryve Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,753,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Compass Financial Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth $5,930,000. Destination Wealth Management lifted its holdings in shares of iShares Floating Rate Bond ETF by 17.1% during the fourth quarter. Destination Wealth Management now owns 645,857 shares of the company’s stock valued at $32,848,000 after purchasing an additional 94,174 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at $8,303,000. Paces Ferry Wealth Advisors LLC increased its stake in iShares Floating Rate Bond ETF by 6.9% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 162,791 shares of the company’s stock worth $8,294,000 after purchasing an additional 10,457 shares in the last quarter. Finally, Monetary Solutions Ltd purchased a new position in iShares Floating Rate Bond ETF in the 4th quarter worth about $7,221,000.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT traded up $0.03 on Friday, hitting $50.96. 2,465,779 shares of the company were exchanged, compared to its average volume of 1,906,500. The company’s 50 day moving average price is $50.96 and its 200-day moving average price is $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08.

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.