Greenup Street Wealth Management LLC Has $1 Million Stock Position in iShares Floating Rate Bond ETF $FLOT

Greenup Street Wealth Management LLC cut its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 15.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,673 shares of the company’s stock after selling 3,534 shares during the period. Greenup Street Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,004,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FLOT. Tompkins Financial Corp acquired a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at $25,000. NorthRock Partners LLC increased its holdings 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 valued at $27,000 after purchasing an additional 380 shares during the last quarter. Asset Dedication LLC bought a new stake in iShares Floating Rate Bond ETF in the first quarter valued at about $29,000. WASHINGTON TRUST Co increased its holdings in shares of iShares Floating Rate Bond ETF by 242.6% in the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after acquiring an additional 490 shares in the last quarter. Finally, TFC Financial Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the second quarter worth about $40,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.00 on Tuesday. The stock has a 50 day moving average price of $50.97 and a 200 day moving average price of $50.89. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

About iShares Floating Rate Bond ETF

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.