1 North Wealth Services LLC Has $1.33 Million Stock Holdings in iShares Floating Rate Bond ETF $FLOT

1 North Wealth Services LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.0% in the second quarter, HoldingsChannel reports. The firm owned 25,992 shares of the company’s stock after selling 1,667 shares during the period. 1 North Wealth Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,326,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Park Avenue Securities LLC boosted its holdings in iShares Floating Rate Bond ETF by 34.3% during the first quarter. Park Avenue Securities LLC now owns 58,082 shares of the company’s stock valued at $2,965,000 after acquiring an additional 14,818 shares during the period. Farther Finance Advisors LLC raised its position in iShares Floating Rate Bond ETF by 13.1% in the first quarter. Farther Finance Advisors LLC now owns 57,280 shares of the company’s stock worth $2,914,000 after purchasing an additional 6,627 shares in the last quarter. Shira Ridge Wealth Management raised its position in iShares Floating Rate Bond ETF by 2.0% in the first quarter. Shira Ridge Wealth Management now owns 72,382 shares of the company’s stock worth $3,695,000 after purchasing an additional 1,451 shares in the last quarter. Parsons Capital Management Inc. RI raised its position in iShares Floating Rate Bond ETF by 51.0% in the first quarter. Parsons Capital Management Inc. RI now owns 171,208 shares of the company’s stock worth $8,740,000 after purchasing an additional 57,810 shares in the last quarter. Finally, Sanibel Captiva Trust Company Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 414.9% during the first quarter. Sanibel Captiva Trust Company Inc. now owns 423,038 shares of the company’s stock worth $21,596,000 after buying an additional 340,885 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.1%

BATS FLOT opened at $50.93 on Wednesday. The company has a 50 day moving average of $50.97 and a 200-day moving average of $50.89. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34.

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.