Lion Street Advisors LLC Reduces Stock Position in iShares Floating Rate Bond ETF $FLOT

Lion Street Advisors LLC lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,939 shares of the company’s stock after selling 2,367 shares during the quarter. Lion Street Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,885,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FLOT. Fifth Third Bancorp increased its holdings in iShares Floating Rate Bond ETF by 165.9% in the first quarter. Fifth Third Bancorp now owns 2,119 shares of the company’s stock valued at $108,000 after buying an additional 1,322 shares during the last quarter. Dohj LLC increased its holdings in iShares Floating Rate Bond ETF by 9.6% in the first quarter. Dohj LLC now owns 63,291 shares of the company’s stock valued at $3,231,000 after buying an additional 5,529 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in iShares Floating Rate Bond ETF by 10.9% in the first quarter. Dynamic Advisor Solutions LLC now owns 8,757 shares of the company’s stock valued at $447,000 after buying an additional 859 shares during the last quarter. Columbus Macro LLC increased its holdings in iShares Floating Rate Bond ETF by 18.1% in the first quarter. Columbus Macro LLC now owns 134,517 shares of the company’s stock valued at $6,867,000 after buying an additional 20,636 shares during the last quarter. Finally, RiverTree Advisors LLC purchased a new position in iShares Floating Rate Bond ETF in the first quarter valued at $2,058,000.

iShares Floating Rate Bond ETF Stock Down 0.2%

Shares of FLOT stock opened at $50.89 on Monday. The stock’s 50-day moving average is $50.96 and its two-hundred day moving average is $50.89. 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.