Janney Montgomery Scott LLC Sells 25,697 Shares of iShares Floating Rate Bond ETF $FLOT

Janney Montgomery Scott LLC reduced its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 30.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 58,167 shares of the company’s stock after selling 25,697 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,964,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Focus Partners Wealth raised its holdings in shares of iShares Floating Rate Bond ETF by 8.9% during the first quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after purchasing an additional 1,088 shares during the period. Diversify Wealth Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 70.3% in the second quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock worth $606,000 after acquiring an additional 4,907 shares in the last quarter. Transamerica Financial Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 5.8% in the second quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock valued at $2,732,000 after acquiring an additional 2,934 shares during the period. Raymond James Financial Inc. grew its stake in iShares Floating Rate Bond ETF by 13.7% in the second quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock valued at $57,364,000 after acquiring an additional 135,488 shares during the period. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 30.6% during the second quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock valued at $1,138,000 after acquiring an additional 5,231 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0%

Shares of BATS:FLOT opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09. The stock’s 50 day moving average is $50.97 and its 200-day moving average is $50.93.

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.