Colonial Trust Advisors Cuts Holdings in iShares Floating Rate Bond ETF $FLOT

Colonial Trust Advisors reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 265,891 shares of the company’s stock after selling 16,488 shares during the quarter. iShares Floating Rate Bond ETF comprises about 1.0% of Colonial Trust Advisors’ investment portfolio, making the stock its 28th biggest position. Colonial Trust Advisors owned 0.15% of iShares Floating Rate Bond ETF worth $13,523,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Stirlingshire Investments Inc. purchased a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $1,878,000. Gateway Wealth Partners LLC purchased a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $370,000. Mcmorgan & Co. LLC raised its position in iShares Floating Rate Bond ETF by 18.7% in the fourth quarter. Mcmorgan & Co. LLC now owns 665,056 shares of the company’s stock valued at $33,825,000 after purchasing an additional 104,881 shares during the period. Paces Ferry Wealth Advisors LLC raised its position in iShares Floating Rate Bond ETF by 11.5% in the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 152,334 shares of the company’s stock valued at $7,748,000 after purchasing an additional 15,714 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in iShares Floating Rate Bond ETF by 7.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 83,864 shares of the company’s stock valued at $4,265,000 after purchasing an additional 6,009 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $50.98 on Friday. The business’s 50-day moving average is $50.92 and its two-hundred day moving average is $50.92. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month 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.