Patten Group Inc. Sells 6,041 Shares of iShares Floating Rate Bond ETF $FLOT

Patten Group Inc. cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 46.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,938 shares of the company’s stock after selling 6,041 shares during the period. Patten Group Inc.’s holdings in iShares Floating Rate Bond ETF were worth $354,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Spire Wealth Management raised its stake in iShares Floating Rate Bond ETF by 13.0% in the first quarter. Spire Wealth Management now owns 1,880 shares of the company’s stock worth $96,000 after buying an additional 217 shares in the last quarter. Pinnacle Associates Ltd. boosted its holdings in iShares Floating Rate Bond ETF by 1.7% in the first quarter. Pinnacle Associates Ltd. now owns 15,061 shares of the company’s stock worth $769,000 after purchasing an additional 251 shares during the last quarter. Cresset Asset Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 0.6% during the 1st quarter. Cresset Asset Management LLC now owns 43,171 shares of the company’s stock worth $2,204,000 after acquiring an additional 252 shares during the last quarter. Peddock Capital Advisors LLC raised its position in shares of iShares Floating Rate Bond ETF by 6.7% during the 1st quarter. Peddock Capital Advisors LLC now owns 4,247 shares of the company’s stock valued at $217,000 after purchasing an additional 267 shares during the period. Finally, Beaird Harris Wealth Management LLC increased its holdings in iShares Floating Rate Bond ETF by 0.8% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 37,319 shares of the company’s stock valued at $1,905,000 after acquiring an additional 286 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $51.01 on Thursday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The company’s 50-day moving average price is $50.97 and its 200-day moving average price is $50.89.

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.