CacheTech Inc. Decreases Stake in iShares Floating Rate Bond ETF $FLOT

CacheTech Inc. cut its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 15.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,046 shares of the company’s stock after selling 12,343 shares during the quarter. CacheTech Inc.’s holdings in iShares Floating Rate Bond ETF were worth $3,421,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Tompkins Financial Corp acquired a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $25,000. SYM FINANCIAL Corp purchased a new position in iShares Floating Rate Bond ETF during the second quarter worth approximately $37,000. TFC Financial Management Inc. acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth $40,000. SVB Wealth LLC acquired a new position in iShares Floating Rate Bond ETF during the first quarter worth $43,000. Finally, Wagner Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at $63,000.

iShares Floating Rate Bond ETF Stock Down 0.1%

Shares of FLOT opened at $50.95 on Monday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The stock has a fifty day simple moving average of $50.96 and a two-hundred day simple moving average of $50.95.

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.