Beacon Financial Group trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 20.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,607 shares of the company’s stock after selling 14,889 shares during the period. Beacon Financial Group’s holdings in iShares Floating Rate Bond ETF were worth $2,939,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in FLOT. NorthRock Partners LLC lifted its holdings in iShares Floating Rate Bond ETF by 269.5% in the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after purchasing an additional 380 shares in the last quarter. Asset Dedication LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at approximately $29,000. Ameriflex Group Inc. purchased a new position in iShares Floating Rate Bond ETF during the 4th quarter valued at $33,000. WASHINGTON TRUST Co boosted its holdings in iShares Floating Rate Bond ETF by 242.6% during the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock valued at $35,000 after acquiring an additional 490 shares during the period. Finally, SVB Wealth LLC purchased a new position in iShares Floating Rate Bond ETF during the 1st quarter valued at $43,000.
iShares Floating Rate Bond ETF Trading Down 0.0%
Shares of FLOT stock opened at $50.97 on Tuesday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The stock has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $50.89.
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.
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