Guidance Capital Inc. Sells 37,500 Shares of iShares Floating Rate Bond ETF $FLOT

Guidance Capital Inc. lowered its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 34.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,127 shares of the company’s stock after selling 37,500 shares during the quarter. iShares Floating Rate Bond ETF makes up about 0.9% of Guidance Capital Inc.’s investment portfolio, making the stock its 17th largest position. Guidance Capital Inc.’s holdings in iShares Floating Rate Bond ETF were worth $3,679,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC grew its stake in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after purchasing an additional 196 shares during the period. Westfuller Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $28,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $30,000. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $41,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of iShares Floating Rate Bond ETF by 142.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock worth $63,000 after purchasing an additional 726 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.89 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.54 and a 12 month high of $51.09. The business has a fifty day simple moving average of $50.90 and a 200 day simple moving average of $50.93.

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.