Schechter Investment Advisors LLC lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,827 shares of the company’s stock after selling 4,683 shares during the quarter. Schechter Investment Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,418,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the stock. Logan Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $25,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $27,000. Boyd Watterson Asset Management LLC OH lifted its stake in shares of iShares Floating Rate Bond ETF by 227.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after purchasing an additional 967 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at about $100,000. Finally, Marshall Investment Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $117,000.
iShares Floating Rate Bond ETF Stock Performance
BATS FLOT opened at $51.10 on Monday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The company’s 50 day moving average price is $50.97 and its 200 day moving average price is $50.96.
iShares Floating Rate Bond ETF Cuts Dividend
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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