Western Financial Corp CA Sells 1,064 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Western Financial Corp CA trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,974 shares of the company’s stock after selling 1,064 shares during the quarter. Western Financial Corp CA’s holdings in iShares Floating Rate Bond ETF were worth $713,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FLOT. Demars Financial Group LLC increased its stake in iShares Floating Rate Bond ETF by 3.8% during the first quarter. Demars Financial Group LLC now owns 39,475,476 shares of the company’s stock worth $2,015,223,000 after acquiring an additional 1,436,048 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Floating Rate Bond ETF by 3.9% in the 4th quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock worth $401,349,000 after purchasing an additional 295,184 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 2,108.2% in the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after purchasing an additional 4,347,920 shares during the period. LPL Financial LLC increased its position in shares of iShares Floating Rate Bond ETF by 4.4% during the 4th quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock valued at $180,905,000 after purchasing an additional 149,228 shares during the last quarter. Finally, New York Life Investment Management LLC raised its holdings in iShares Floating Rate Bond ETF by 12.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after buying an additional 347,836 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.98 on Thursday. The business has a fifty day moving average of $50.86 and a 200 day moving average of $50.89. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34.

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.