Hudson Portfolio Management LLC reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 26.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,062 shares of the company’s stock after selling 16,435 shares during the period. iShares Floating Rate Bond ETF comprises about 2.0% of Hudson Portfolio Management LLC’s investment portfolio, making the stock its 12th largest holding. Hudson Portfolio Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,292,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Cornerstone Financial Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter worth about $30,000. Quarry LP bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $36,000. Tucker Asset Management LLC bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $37,000. Lavaca Capital LLC bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $57,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $83,000.
iShares Floating Rate Bond ETF Trading Up 0.0%
FLOT opened at $50.99 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09. The business’s 50-day simple moving average is $50.93 and its 200 day simple moving average is $50.92.
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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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