iShares Floating Rate Bond ETF $FLOT Stock Holdings Lessened by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lessened its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 45.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 70,142 shares of the company’s stock after selling 58,612 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,583,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. CIBC Bancorp USA Inc. bought a new position in iShares Floating Rate Bond ETF in the third quarter worth about $3,561,000. Blue Fin Capital Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 7.4% during the third quarter. Blue Fin Capital Inc. now owns 32,565 shares of the company’s stock valued at $1,664,000 after purchasing an additional 2,245 shares during the last quarter. Wilmington Savings Fund Society FSB raised its position in shares of iShares Floating Rate Bond ETF by 594.8% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,224 shares of the company’s stock worth $165,000 after purchasing an additional 2,760 shares during the period. Kestra Private Wealth Services LLC raised its position in shares of iShares Floating Rate Bond ETF by 2.8% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 64,600 shares of the company’s stock worth $3,300,000 after purchasing an additional 1,760 shares during the period. Finally, Triumph Capital Management bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $128,000.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.87 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The business has a 50 day simple moving average of $50.94 and a 200 day simple moving average of $50.94.

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.