Hudson Portfolio Management LLC Has $2.29 Million Stake in iShares Floating Rate Bond ETF $FLOT

Hudson Portfolio Management LLC trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 26.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,062 shares of the company’s stock after selling 16,435 shares during the period. iShares Floating Rate Bond ETF comprises about 2.0% of Hudson Portfolio Management LLC’s investment portfolio, making the stock its 12th largest holding. Hudson Portfolio Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,292,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. L.K. Benson & Company P.C. grew its stake in iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after acquiring an additional 204 shares during the period. Donor Advised Charitable Giving Inc. grew its stake in 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 acquiring an additional 226 shares during the period. North Star Investment Management Corp. grew its stake in 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 acquiring an additional 271 shares during the period. Ascent Group LLC grew its stake in 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 during the period. Finally, Frisch Financial Group Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 1.2% during the third quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock worth $1,143,000 after buying an additional 274 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0%

FLOT stock opened at $50.99 on Friday. The business has a 50-day moving average of $50.93 and a 200-day moving average of $50.92. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09.

iShares Floating Rate Bond ETF 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.