Dakota Wealth Management Sells 3,103 Shares of iShares Floating Rate Bond ETF $FLOT

Dakota Wealth Management reduced its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,645 shares of the company’s stock after selling 3,103 shares during the quarter. Dakota Wealth Management’s holdings in iShares Floating Rate Bond ETF were worth $696,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Two West Capital Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 1.6% in the first quarter. Two West Capital Advisors LLC now owns 12,930 shares of the company’s stock worth $651,000 after acquiring an additional 200 shares in the last quarter. Spire Wealth Management increased its holdings in shares of iShares Floating Rate Bond ETF by 13.0% in the first quarter. Spire Wealth Management now owns 1,880 shares of the company’s stock worth $96,000 after acquiring an additional 217 shares in the last quarter. DHK Financial Advisors Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 0.8% in the first quarter. DHK Financial Advisors Inc. now owns 31,971 shares of the company’s stock worth $1,632,000 after acquiring an additional 245 shares in the last quarter. Breakwater Capital Group increased its holdings in shares of iShares Floating Rate Bond ETF by 2.5% in the first quarter. Breakwater Capital Group now owns 10,164 shares of the company’s stock worth $519,000 after acquiring an additional 250 shares in the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in shares of iShares Floating Rate Bond ETF by 1.7% in the first quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock worth $769,000 after acquiring an additional 251 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

FLOT stock opened at $51.06 on Friday. The business has a 50-day moving average of $50.98 and a 200-day moving average of $50.89. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34.

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.