iShares Floating Rate Bond ETF $FLOT Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 37.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,611 shares of the company’s stock after selling 47,330 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares Floating Rate Bond ETF were worth $4,107,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. GC Wealth Management RIA LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at about $212,000. FCA Corp TX grew its holdings in iShares Floating Rate Bond ETF by 3.9% in the 1st quarter. FCA Corp TX now owns 132,790 shares of the company’s stock worth $6,766,000 after buying an additional 5,005 shares in the last quarter. Compound Planning Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 6.9% during the first quarter. Compound Planning Inc. now owns 148,373 shares of the company’s stock valued at $7,560,000 after purchasing an additional 9,640 shares during the period. RMG Wealth Management LLC acquired a new position in iShares Floating Rate Bond ETF during the 1st quarter valued at about $30,601,000. Finally, Lido Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the first quarter valued at approximately $294,000.

iShares Floating Rate Bond ETF Stock Up 0.1%

BATS:FLOT opened at $51.03 on Friday. The business’s 50-day moving average price is $50.98 and its 200 day moving average price is $50.94. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-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.