TCP Asset Management LLC Decreases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

TCP Asset Management LLC lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 93.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,380 shares of the company’s stock after selling 322,261 shares during the period. TCP Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,240,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Sanibel Captiva Trust Company Inc. purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at about $4,180,000. Merit Financial Group LLC raised its position in shares of iShares Floating Rate Bond ETF by 26.9% in the 4th quarter. Merit Financial Group LLC now owns 17,077 shares of the company’s stock valued at $869,000 after purchasing an additional 3,615 shares during the last quarter. Occidental Asset Management LLC raised its position in shares of iShares Floating Rate Bond ETF by 12.4% in the 4th quarter. Occidental Asset Management LLC now owns 285,683 shares of the company’s stock valued at $14,536,000 after purchasing an additional 31,521 shares during the last quarter. Sagace Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $1,996,000. Finally, Stephens Group Asset Management LLC grew its position in iShares Floating Rate Bond ETF by 5.4% during the 4th quarter. Stephens Group Asset Management LLC now owns 18,711 shares of the company’s stock worth $952,000 after purchasing an additional 955 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

BATS FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The company has a fifty day simple moving average of $50.94 and a two-hundred day simple moving average of $50.94.

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.