Fourth Dimension Wealth LLC decreased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 48.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,859 shares of the company’s stock after selling 4,509 shares during the quarter. Fourth Dimension Wealth LLC’s holdings in iShares Floating Rate Bond ETF were worth $248,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Milestone Asset Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth $985,000. Advisors Preferred LLC bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $7,421,000. Optivise Advisory Services LLC raised its holdings in iShares Floating Rate Bond ETF by 6.8% in the 2nd quarter. Optivise Advisory Services LLC now owns 4,891 shares of the company’s stock worth $250,000 after acquiring an additional 311 shares during the period. Lifeworks Advisors LLC bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth $272,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in iShares Floating Rate Bond ETF by 62.5% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 21,755 shares of the company’s stock worth $1,110,000 after acquiring an additional 8,366 shares during the period.
iShares Floating Rate Bond ETF Trading Down 0.3%
Shares of FLOT opened at $50.84 on Wednesday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The company’s fifty day moving average price is $50.97 and its 200 day moving average price is $50.93.
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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