Ashton Thomas Private Wealth LLC Decreases Stake in iShares Floating Rate Bond ETF $FLOT

Ashton Thomas Private Wealth LLC lowered its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 158,066 shares of the company’s stock after selling 8,441 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares Floating Rate Bond ETF were worth $8,065,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Spire Wealth Management raised its holdings in shares of iShares Floating Rate Bond ETF by 13.0% in the first quarter. Spire Wealth Management now owns 1,880 shares of the company’s stock worth $96,000 after buying an additional 217 shares during the last quarter. Pinnacle Associates Ltd. raised its holdings in shares of iShares Floating Rate Bond ETF by 1.7% in the first quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock worth $769,000 after buying an additional 251 shares during the last quarter. Cresset Asset Management LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 0.6% in the first quarter. Cresset Asset Management LLC now owns 43,171 shares of the company’s stock worth $2,204,000 after buying an additional 252 shares during the last quarter. Peddock Capital Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 6.7% in the first quarter. Peddock Capital Advisors LLC now owns 4,247 shares of the company’s stock worth $217,000 after buying an additional 267 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 0.8% in the first quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock worth $1,905,000 after buying an additional 286 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

BATS FLOT opened at $51.05 on Monday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The company has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $50.91.

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.