L.M. Kohn & Company Lowers Stock Position in iShares Floating Rate Bond ETF $FLOT

L.M. Kohn & Company trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 34.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,132 shares of the company’s stock after selling 7,929 shares during the period. L.M. Kohn & Company’s holdings in iShares Floating Rate Bond ETF were worth $772,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Beirne Wealth Consulting Services LLC lifted its holdings in iShares Floating Rate Bond ETF by 5.6% in the 2nd quarter. Beirne Wealth Consulting Services LLC now owns 107,236 shares of the company’s stock worth $5,472,000 after buying an additional 5,642 shares in the last quarter. James Investment Research Inc. raised its stake in iShares Floating Rate Bond ETF by 4.6% during the second quarter. James Investment Research Inc. now owns 167,700 shares of the company’s stock worth $8,556,000 after acquiring an additional 7,323 shares during the period. SYM FINANCIAL Corp acquired a new stake in iShares Floating Rate Bond ETF during the second quarter worth about $37,000. Schmidt P J Investment Management Inc. raised its stake in iShares Floating Rate Bond ETF by 33.7% during the second quarter. Schmidt P J Investment Management Inc. now owns 14,170 shares of the company’s stock worth $723,000 after acquiring an additional 3,572 shares during the period. Finally, Darden Wealth Group Inc grew its position in iShares Floating Rate Bond ETF by 2.0% in the 2nd quarter. Darden Wealth Group Inc now owns 75,887 shares of the company’s stock worth $3,872,000 after purchasing an additional 1,490 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $51.06 on Wednesday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The company has a 50-day moving average price of $50.97 and a two-hundred day moving average price of $50.92.

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.