iShares Floating Rate Bond ETF $FLOT Shares Sold by NTV Asset Management LLC

NTV Asset Management LLC lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 27.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,556 shares of the company’s stock after selling 8,550 shares during the quarter. NTV Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,151,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FLOT. Ameriprise Financial Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 143.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares during the last quarter. Demars Financial Group LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 3.8% in the 1st quarter. Demars Financial Group LLC now owns 39,475,476 shares of the company’s stock valued at $2,015,223,000 after purchasing an additional 1,436,048 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at $61,900,000. Royal Bank of Canada raised its stake in shares of iShares Floating Rate Bond ETF by 59.0% in the 1st quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after acquiring an additional 872,352 shares during the period. Finally, Verdence Capital Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 1,841.4% in the 1st quarter. Verdence Capital Advisors LLC now owns 761,857 shares of the company’s stock valued at $38,893,000 after acquiring an additional 722,615 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $50.93 on Friday. The company’s fifty day simple moving average is $50.97 and its 200-day simple moving average is $50.89. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week 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.