Parsons Capital Management Inc. RI Has $1.43 Million Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Parsons Capital Management Inc. RI lowered its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.0% during the second quarter, Holdings Channel.com reports. The fund owned 28,090 shares of the company’s stock after selling 580 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Floating Rate Bond ETF were worth $1,431,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FLOT. Bedel Financial Consulting Inc. increased its position in shares of iShares Floating Rate Bond ETF by 2,954.5% in the second quarter. Bedel Financial Consulting Inc. now owns 672 shares of the company’s stock valued at $34,000 after acquiring an additional 650 shares during the last quarter. Global Wealth Management Investment Advisory Inc. acquired a new position in iShares Floating Rate Bond ETF during the first quarter worth approximately $49,000. Coastal Capital Group Inc. acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth approximately $50,000. Signaturefd LLC increased its position in iShares Floating Rate Bond ETF by 289.0% during the first quarter. Signaturefd LLC now owns 1,058 shares of the company’s stock worth $54,000 after buying an additional 786 shares during the last quarter. Finally, Spence Asset Management acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth approximately $65,000.

BATS FLOT traded up $0.01 during trading on Friday, reaching $50.84. 172,780 shares of the company’s stock were exchanged. The business has a 50 day moving average price of $50.88 and a 200-day moving average price of $50.84. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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