Thryve Wealth Management LLC cut its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 15.3% in the third quarter, HoldingsChannel reports. The fund owned 73,521 shares of the company’s stock after selling 13,330 shares during the quarter. iShares Floating Rate Bond ETF accounts for 2.1% of Thryve Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Thryve Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,753,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Evolution Wealth Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at about $25,000. Tompkins Financial Corp purchased a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $30,000. Bayban acquired a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at approximately $37,000. Finally, Global Assets Advisory LLC acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $75,000.
iShares Floating Rate Bond ETF Stock Up 0.1%
FLOT stock traded up $0.03 during midday trading on Friday, reaching $50.96. The company had a trading volume of 2,465,779 shares, compared to its average volume of 1,906,500. The company has a 50 day moving average of $50.96 and a two-hundred day moving average of $50.95. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.08.
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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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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