iShares Floating Rate Bond ETF $FLOT Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 29.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,911 shares of the company’s stock after selling 12,679 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,572,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Hartline Investment Corp boosted its stake in shares of iShares Floating Rate Bond ETF by 36.7% during the 3rd quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock valued at $59,220,000 after buying an additional 311,232 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of iShares Floating Rate Bond ETF by 475.4% during the third 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 buying an additional 112,686 shares in the last quarter. Cascade Wealth Advisors Inc increased its stake in shares of iShares Floating Rate Bond ETF by 26.3% in the third quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock worth $12,561,000 after buying an additional 51,392 shares during the last quarter. NTV Asset Management LLC increased its stake in shares of iShares Floating Rate Bond ETF by 44.6% in the third quarter. NTV Asset Management LLC now owns 32,621 shares of the company’s stock worth $1,666,000 after buying an additional 10,065 shares during the last quarter. Finally, WorthPointe LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter valued at $653,000.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.88 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The company’s fifty day moving average price is $50.89 and its two-hundred day moving average price 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.