Flavin Financial Services Inc. Has $419,000 Stock Position in iShares Floating Rate Bond ETF $FLOT

Flavin Financial Services Inc. reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 41.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,207 shares of the company’s stock after selling 5,851 shares during the period. Flavin Financial Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $419,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Northern Trust Corp raised its position in iShares Floating Rate Bond ETF by 11.0% during the first quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after purchasing an additional 447,443 shares in the last quarter. LPL Financial LLC raised its position in iShares Floating Rate Bond ETF by 20.0% during the first quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock valued at $217,736,000 after purchasing an additional 709,617 shares in the last quarter. Ameriprise Financial Inc. raised its position in iShares Floating Rate Bond ETF by 143.4% during the first quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares in the last quarter. Glenview Trust co raised its position in iShares Floating Rate Bond ETF by 4.0% during the first quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after purchasing an additional 97,749 shares in the last quarter. Finally, Royal Bank of Canada raised its position in iShares Floating Rate Bond ETF by 59.0% during the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after purchasing an additional 872,352 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.96 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The firm has a 50 day simple moving average of $50.97 and a two-hundred day simple 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.