HighTower Advisors LLC Has $23.96 Million Stake in iShares Floating Rate Bond ETF $FLOT

HighTower Advisors LLC lowered its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 16.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 471,163 shares of the company’s stock after selling 90,365 shares during the quarter. HighTower Advisors LLC owned 0.27% of iShares Floating Rate Bond ETF worth $23,963,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FLOT. L.K. Benson & Company P.C. boosted its stake in iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock worth $823,000 after acquiring an additional 204 shares in the last quarter. Donor Advised Charitable Giving Inc. grew its holdings 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 worth $732,000 after purchasing an additional 226 shares during the period. North Star Investment Management Corp. increased 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 purchasing an additional 271 shares in the last quarter. Ascent Group LLC increased 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 purchasing an additional 272 shares in the last quarter. Finally, Frisch Financial Group Inc. raised its holdings 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 valued at $1,143,000 after purchasing an additional 274 shares during the period.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $51.02 on Friday. The company’s 50-day moving average is $50.90 and its 200-day moving average is $50.92. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09.

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.