Hartline Investment Corp Sells 10,164 Shares of iShares Floating Rate Bond ETF $FLOT

Hartline Investment Corp trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 0.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,407,923 shares of the company’s stock after selling 10,164 shares during the quarter. iShares Floating Rate Bond ETF accounts for 7.9% of Hartline Investment Corp’s portfolio, making the stock its 3rd largest position. Hartline Investment Corp owned approximately 0.80% of iShares Floating Rate Bond ETF worth $71,734,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FLOT. Crews Bank & Trust increased its stake in iShares Floating Rate Bond ETF by 132.3% during the 4th quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock worth $4,090,000 after purchasing an additional 45,795 shares in the last quarter. Shira Ridge Wealth Management lifted its stake in iShares Floating Rate Bond ETF by 73.6% in the fourth quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock valued at $7,056,000 after buying an additional 58,813 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 6.4% in the fourth quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock valued at $9,790,000 after buying an additional 11,514 shares during the period. Sowell Financial Services LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 76.0% in the fourth quarter. Sowell Financial Services LLC now owns 65,183 shares of the company’s stock valued at $3,315,000 after buying an additional 28,156 shares during the period. Finally, International Assets Investment Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 68.3% during the fourth quarter. International Assets Investment Management LLC now owns 36,337 shares of the company’s stock worth $1,848,000 after acquiring an additional 14,752 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The company’s fifty day simple moving average is $50.97 and its 200 day simple moving average 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.