iShares Floating Rate Bond ETF $FLOT Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 29.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,134 shares of the company’s stock after selling 67,435 shares during the period. Prime Capital Investment Advisors LLC owned 0.09% of iShares Floating Rate Bond ETF worth $8,374,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tompkins Financial Corp bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $25,000. NorthRock Partners LLC lifted its position in iShares Floating Rate Bond ETF by 269.5% in the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after purchasing an additional 380 shares during the period. Asset Dedication LLC bought a new position in iShares Floating Rate Bond ETF during the 1st quarter valued at $29,000. WASHINGTON TRUST Co increased its position in shares of iShares Floating Rate Bond ETF by 242.6% during the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock valued at $35,000 after purchasing an additional 490 shares during the period. Finally, SVB Wealth LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter worth $43,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.93 on Tuesday. The business has a fifty day simple moving average of $50.97 and a 200-day simple moving average of $50.89. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two 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.