CIBC Private Wealth Group LLC decreased its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 45.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 70,142 shares of the company’s stock after selling 58,612 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,583,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in FLOT. Bogart Wealth LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after buying an additional 196 shares during the last quarter. Westfuller Advisors LLC bought a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $28,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $30,000. Atlantic Union Bankshares Corp bought a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $41,000. Finally, GPS Wealth Strategies Group LLC raised its stake in iShares Floating Rate Bond ETF by 142.6% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock valued at $63,000 after acquiring an additional 726 shares in the last quarter.
iShares Floating Rate Bond ETF Trading Down 0.0%
Shares of FLOT stock opened at $50.87 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The stock has a fifty day moving average of $50.94 and a two-hundred day moving average of $50.94.
iShares Floating Rate Bond ETF 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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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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