AE Wealth Management LLC Reduces Stake in iShares Floating Rate Bond ETF $FLOT

AE Wealth Management LLC lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 102,031 shares of the company’s stock after selling 23,701 shares during the period. AE Wealth Management LLC owned approximately 0.06% of iShares Floating Rate Bond ETF worth $5,189,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Hartline Investment Corp boosted its position in iShares Floating Rate Bond ETF by 36.7% in the 3rd quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock worth $59,220,000 after purchasing an additional 311,232 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in iShares Floating Rate Bond ETF by 475.4% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 136,390 shares of the company’s stock worth $6,967,000 after purchasing an additional 112,686 shares in the last quarter. Cascade Wealth Advisors Inc boosted its position in iShares Floating Rate Bond ETF by 26.3% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock worth $12,561,000 after purchasing an additional 51,392 shares in the last quarter. NTV Asset Management LLC boosted its position in iShares Floating Rate Bond ETF by 44.6% in the 3rd quarter. NTV Asset Management LLC now owns 32,621 shares of the company’s stock worth $1,666,000 after purchasing an additional 10,065 shares in the last quarter. Finally, WorthPointe LLC purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $653,000.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.85 on Monday. iShares Floating Rate Bond ETF has a 12 month low of $50.66 and a 12 month high of $51.09. The stock’s 50 day simple moving average is $50.89 and its two-hundred day simple moving average is $50.92.

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.