Carmel Capital Partners LLC Cuts Stake in iShares Floating Rate Bond ETF $FLOT

Carmel Capital Partners LLC cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 96.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,128 shares of the company’s stock after selling 99,463 shares during the quarter. Carmel Capital Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $211,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Bogart Wealth LLC grew its position in iShares Floating Rate Bond ETF by 68.5% during the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after purchasing an additional 196 shares during the last quarter. Hohimer Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 2.9% in the second quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock worth $484,000 after buying an additional 271 shares in the last quarter. IHT Wealth Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 7.0% during the second quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock valued at $237,000 after buying an additional 302 shares during the last quarter. Toews Corp ADV increased its position in shares of iShares Floating Rate Bond ETF by 0.6% during the second quarter. Toews Corp ADV now owns 49,228 shares of the company’s stock valued at $2,512,000 after acquiring an additional 304 shares in the last quarter. Finally, Optivise Advisory Services LLC raised its holdings in iShares Floating Rate Bond ETF by 6.8% in the 2nd quarter. Optivise Advisory Services LLC now owns 4,891 shares of the company’s stock worth $250,000 after acquiring an additional 311 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

FLOT stock opened at $51.02 on Friday. The stock’s 50 day simple moving average is $50.92 and its 200 day simple moving average is $50.95. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34.

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.