WJ Wealth Management LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 69.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,400 shares of the company’s stock after selling 10,047 shares during the quarter. WJ Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $224,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of FLOT. Fifth Third Bancorp grew its position in shares of iShares Floating Rate Bond ETF by 165.9% during the 1st quarter. Fifth Third Bancorp now owns 2,119 shares of the company’s stock worth $108,000 after buying an additional 1,322 shares during the period. Dynamic Advisor Solutions LLC grew its position in shares of iShares Floating Rate Bond ETF by 10.9% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 8,757 shares of the company’s stock worth $447,000 after buying an additional 859 shares during the period. Insigneo Advisory Services LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter worth about $915,000. CENTRAL TRUST Co grew its position in shares of iShares Floating Rate Bond ETF by 13.0% during the 1st quarter. CENTRAL TRUST Co now owns 17,388 shares of the company’s stock worth $888,000 after buying an additional 2,002 shares during the period. Finally, Optivise Advisory Services LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter worth about $234,000.
iShares Floating Rate Bond ETF Stock Performance
iShares Floating Rate Bond ETF stock opened at $50.93 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The business has a 50-day moving average of $50.97 and a 200-day moving average of $50.89.
iShares Floating Rate Bond ETF 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.
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