iShares Floating Rate Bond ETF $FLOT Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 11.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 96,270 shares of the company’s stock after selling 11,977 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Floating Rate Bond ETF were worth $4,896,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Donor Advised Charitable Giving Inc. grew its position in shares of iShares Floating Rate Bond ETF by 1.6% in the fourth quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock valued at $732,000 after purchasing an additional 226 shares during the period. North Star Investment Management Corp. grew its position in shares of iShares Floating Rate Bond ETF by 18.6% in the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock valued at $88,000 after purchasing an additional 271 shares during the period. Ascent Group LLC grew 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 purchasing an additional 272 shares during the period. Frisch Financial Group Inc. grew 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 purchasing an additional 274 shares during the period. Finally, Fourth Dimension Wealth LLC grew its position in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Fourth Dimension Wealth LLC now owns 6,229 shares of the company’s stock valued at $317,000 after purchasing an additional 297 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0%

Shares of BATS:FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09. The business has a fifty day simple moving average of $50.89 and a 200-day simple moving average of $50.92.

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.