iShares Floating Rate Bond ETF $FLOT Stake Reduced by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,000 shares of the company’s stock after selling 311 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $766,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLOT. NorthRock Partners LLC raised its position in iShares Floating Rate Bond ETF by 269.5% in the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after acquiring an additional 380 shares in the last quarter. Asset Dedication LLC bought a new stake in iShares Floating Rate Bond ETF in the first quarter worth about $29,000. Ameriflex Group Inc. bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth about $33,000. WASHINGTON TRUST Co raised its position in iShares Floating Rate Bond ETF by 242.6% in the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after acquiring an additional 490 shares in the last quarter. Finally, Logan Capital Management Inc. raised its position in iShares Floating Rate Bond ETF by 67.4% in the fourth quarter. Logan Capital Management Inc. now owns 807 shares of the company’s stock worth $41,000 after acquiring an additional 325 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.1%

Shares of iShares Floating Rate Bond ETF stock opened at $51.04 on Friday. The company’s 50-day moving average price is $50.98 and its two-hundred day moving average price is $50.90. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

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.