Chatham Capital Group Inc. Has $5.43 Million Stake in iShares Floating Rate Bond ETF $FLOT

Chatham Capital Group Inc. trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 24.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,662 shares of the company’s stock after selling 34,660 shares during the quarter. Chatham Capital Group Inc. owned about 0.06% of iShares Floating Rate Bond ETF worth $5,425,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FLOT. Focus Partners Wealth grew its holdings in iShares Floating Rate Bond ETF by 8.9% during the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock worth $678,000 after acquiring an additional 1,088 shares during the period. Choreo LLC raised its position in shares of iShares Floating Rate Bond ETF by 6.9% during the 2nd quarter. Choreo LLC now owns 7,926 shares of the company’s stock valued at $404,000 after acquiring an additional 515 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Floating Rate Bond ETF by 62.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 133,765 shares of the company’s stock valued at $6,825,000 after purchasing an additional 51,385 shares during the period. Trustmark Bank Trust Department boosted its position in shares of iShares Floating Rate Bond ETF by 153.3% in the 2nd quarter. Trustmark Bank Trust Department now owns 668,097 shares of the company’s stock worth $34,086,000 after purchasing an additional 404,368 shares during the last quarter. Finally, VestGen Advisors LLC boosted its position in shares of iShares Floating Rate Bond ETF by 15.1% in the 2nd quarter. VestGen Advisors LLC now owns 82,030 shares of the company’s stock worth $4,185,000 after purchasing an additional 10,748 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.76 on Monday. The business has a fifty day simple moving average of $50.93 and a 200 day simple moving average of $50.94. 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 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.