Avantax Planning Partners Inc. lessened its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 7.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 9,202 shares of the company’s stock after selling 717 shares during the period. Avantax Planning Partners Inc.’s holdings in iShares Floating Rate Bond ETF were worth $468,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of FLOT. Proficio Capital Partners LLC raised its stake in shares of iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock valued at $231,716,000 after buying an additional 4,347,920 shares during the period. Franklin Resources Inc. boosted its holdings in iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after acquiring an additional 1,118,243 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares Floating Rate Bond ETF in the 4th quarter worth approximately $43,863,000. New York Life Investment Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 12.8% in the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after purchasing an additional 347,836 shares during the period. Finally, Hartline Investment Corp lifted its stake in shares of iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after purchasing an additional 322,286 shares during the period.
iShares Floating Rate Bond ETF Price Performance
iShares Floating Rate Bond ETF stock opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The stock has a fifty day simple moving average of $50.98 and a two-hundred day simple moving average of $50.96.
iShares Floating Rate Bond ETF Cuts Dividend
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.
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