Envestnet Asset Management Inc. Has $99.77 Million Holdings in iShares Floating Rate Bond ETF $FLOT

Envestnet Asset Management Inc. cut its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,959,410 shares of the company’s stock after selling 229,022 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $99,770,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Tompkins Financial Corp acquired a new stake in iShares Floating Rate Bond ETF during the second quarter worth approximately $25,000. NorthRock Partners LLC lifted its position in shares of iShares Floating Rate Bond ETF by 269.5% during 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 in the last quarter. Asset Dedication LLC bought a new position in shares of iShares Floating Rate Bond ETF during the first quarter valued at about $29,000. WASHINGTON TRUST Co lifted its position in shares of iShares Floating Rate Bond ETF by 242.6% during the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock valued at $35,000 after purchasing 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 valued at about $40,000.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $51.06 on Thursday. The company’s 50-day moving average is $50.98 and its 200 day moving average is $50.92. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two 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.