Willis Johnson & Associates Inc. Trims Position in iShares Floating Rate Bond ETF $FLOT

Willis Johnson & Associates Inc. trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 19.1% during the 4th quarter, Holdings Channel reports. The firm owned 399,829 shares of the company’s stock after selling 94,455 shares during the period. iShares Floating Rate Bond ETF comprises 1.3% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 17th biggest position. Willis Johnson & Associates Inc.’s holdings in iShares Floating Rate Bond ETF were worth $20,335,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Bogart Wealth LLC boosted its holdings in iShares Floating Rate Bond ETF by 68.5% in the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after buying an additional 196 shares during the period. Hohimer Wealth Management LLC raised its holdings in iShares Floating Rate Bond ETF by 2.9% during the second quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock valued at $484,000 after acquiring an additional 271 shares during the period. Ascent Group LLC lifted its position in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after acquiring an additional 272 shares in the last quarter. Frisch Financial Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 1.2% in the third quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock valued at $1,143,000 after acquiring an additional 274 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 7.0% in the second quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock worth $237,000 after acquiring an additional 302 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.0%

BATS:FLOT opened at $50.84 on Friday. The stock has a 50-day moving average price of $50.90 and a 200 day moving average price of $50.93. iShares Floating Rate Bond ETF has a 12-month low of $50.12 and a 12-month high of $51.09.

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.