iShares Floating Rate Bond ETF $FLOT Stock Position Decreased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 36.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,977 shares of the company’s stock after selling 39,738 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,565,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FLOT. The Manufacturers Life Insurance Company purchased a new stake in iShares Floating Rate Bond ETF during the first quarter valued at about $47,775,000. Cardiff Park Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 9.5% during the first quarter. Cardiff Park Advisors LLC now owns 13,864 shares of the company’s stock valued at $706,000 after acquiring an additional 1,204 shares during the period. Gateway Wealth Partners LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 195.7% during the first quarter. Gateway Wealth Partners LLC now owns 21,520 shares of the company’s stock valued at $1,096,000 after acquiring an additional 14,242 shares during the period. Everest Financial Group LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $5,505,000. Finally, GC Wealth Management RIA LLC acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter worth approximately $212,000.

iShares Floating Rate Bond ETF Trading Down 0.1%

BATS FLOT opened at $51.01 on Thursday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09. The firm’s 50 day moving average price is $50.99 and its two-hundred day moving average price is $50.94.

About iShares Floating Rate Bond ETF

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.