iShares Floating Rate Bond ETF $FLOT Shares Sold by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC reduced its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 148,971 shares of the company’s stock after selling 10,302 shares during the quarter. iShares Floating Rate Bond ETF accounts for 1.7% of Castle Rock Wealth Management LLC’s portfolio, making the stock its 12th largest position. Castle Rock Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $7,582,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Franklin Resources Inc. boosted its position in iShares Floating Rate Bond ETF by 10.8% during the 2nd quarter. Franklin Resources Inc. now owns 3,209,096 shares of the company’s stock worth $163,728,000 after purchasing an additional 313,769 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after purchasing an additional 130,241 shares in the last quarter. Glenview Trust co grew its stake in shares of iShares Floating Rate Bond ETF by 5.0% in the second quarter. Glenview Trust co now owns 2,655,067 shares of the company’s stock valued at $135,462,000 after buying an additional 125,640 shares in the last quarter. Royal Bank of Canada grew its stake in shares of iShares Floating Rate Bond ETF by 59.0% in the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after buying an additional 872,352 shares in the last quarter. Finally, Flputnam Investment Management Co. raised its holdings in shares of iShares Floating Rate Bond ETF by 32.9% during the 3rd quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock valued at $82,492,000 after buying an additional 399,436 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.82 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The business has a 50 day moving average price of $50.94 and a two-hundred day moving average price of $50.95.

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.