iShares Floating Rate Bond ETF $FLOT Stock Holdings Lessened by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 29.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 164,134 shares of the company’s stock after selling 67,435 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $8,374,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. DAVENPORT & Co LLC boosted its position in shares of iShares Floating Rate Bond ETF by 2.0% in the 2nd quarter. DAVENPORT & Co LLC now owns 1,356,721 shares of the company’s stock valued at $69,220,000 after purchasing an additional 26,359 shares during the period. Merit Financial Group LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 75.2% in the second quarter. Merit Financial Group LLC now owns 110,327 shares of the company’s stock worth $5,629,000 after buying an additional 47,349 shares during the period. Fortitude Advisory Group L.L.C. increased its position in shares of iShares Floating Rate Bond ETF by 7.7% in the second quarter. Fortitude Advisory Group L.L.C. now owns 5,925 shares of the company’s stock worth $302,000 after acquiring an additional 425 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $4,669,000. Finally, Hudson Valley Investment Advisors Inc. ADV lifted its position in shares of iShares Floating Rate Bond ETF by 0.8% in the 2nd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 152,289 shares of the company’s stock valued at $7,770,000 after acquiring an additional 1,155 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.1%

iShares Floating Rate Bond ETF stock opened at $50.93 on Tuesday. 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 200 day moving average price of $50.89.

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.