Virtus Family Office LLC Trims Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Virtus Family Office LLC lowered its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 11.1% during the fourth quarter, HoldingsChannel reports. The fund owned 88,612 shares of the company’s stock after selling 11,038 shares during the quarter. iShares Floating Rate Bond ETF comprises about 3.9% of Virtus Family Office LLC’s portfolio, making the stock its 8th largest holding. Virtus Family Office LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLOT. Financial Sense Advisors Inc. grew its position in iShares Floating Rate Bond ETF by 772.5% during the 3rd quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after acquiring an additional 626,378 shares during the last quarter. New York Life Investment Management LLC grew its position in iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after acquiring an additional 607,046 shares during the last quarter. Northern Trust Corp grew its position in shares of iShares Floating Rate Bond ETF by 8.9% in the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock valued at $256,528,000 after buying an additional 408,643 shares during the last quarter. Milestone Asset Management LLC grew its position in shares of iShares Floating Rate Bond ETF by 2,121.5% in the 4th quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock valued at $18,677,000 after buying an additional 350,700 shares during the last quarter. Finally, Hartline Investment Corp grew its position in shares of iShares Floating Rate Bond ETF by 36.7% in the 3rd quarter. Hartline Investment Corp now owns 1,159,242 shares of the company’s stock valued at $59,220,000 after buying an additional 311,232 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0%

BATS FLOT opened at $50.87 on Friday. The business’s 50-day moving average price is $50.88 and its two-hundred day moving average price is $50.92. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09.

About iShares Floating Rate Bond ETF

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.