iShares Floating Rate Bond ETF $FLOT Shares Sold by Florida Trust Wealth Management Co

Florida Trust Wealth Management Co decreased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 275,454 shares of the company’s stock after selling 57,261 shares during the quarter. Florida Trust Wealth Management Co owned about 0.16% of iShares Floating Rate Bond ETF worth $14,010,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its position in shares of 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 valued at $678,000 after acquiring an additional 1,088 shares during the last quarter. Cresset Asset Management LLC increased its position in iShares Floating Rate Bond ETF by 0.9% during the second quarter. Cresset Asset Management LLC now owns 43,578 shares of the company’s stock worth $2,223,000 after purchasing an additional 407 shares during the last quarter. SageView Advisory Group LLC raised its stake in iShares Floating Rate Bond ETF by 8.4% during the second quarter. SageView Advisory Group LLC now owns 25,690 shares of the company’s stock worth $1,312,000 after purchasing an additional 1,989 shares during the period. Flow Traders U.S. LLC acquired a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at about $839,000. Finally, StoneX Group Inc. boosted its holdings in iShares Floating Rate Bond ETF by 8.8% in the 2nd quarter. StoneX Group Inc. now owns 21,529 shares of the company’s stock valued at $1,098,000 after purchasing an additional 1,740 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.76 on Friday. The firm has a 50 day simple moving average of $50.91 and a 200-day simple moving average of $50.93. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34.

iShares Floating Rate Bond ETF Company 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.