iShares Floating Rate Bond ETF $FLOT Shares Sold by Weaver Consulting Group

Weaver Consulting Group decreased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 14.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,416 shares of the company’s stock after selling 18,308 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 1.3% of Weaver Consulting Group’s holdings, making the stock its 15th biggest holding. Weaver Consulting Group owned 0.06% of iShares Floating Rate Bond ETF worth $5,311,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. L.K. Benson & Company P.C. raised its holdings in iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after acquiring an additional 204 shares in the last quarter. Donor Advised Charitable Giving Inc. raised its holdings in iShares Floating Rate Bond ETF by 1.6% in the fourth quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock valued at $732,000 after acquiring an additional 226 shares in the last quarter. North Star Investment Management Corp. raised its holdings in iShares Floating Rate Bond ETF by 18.6% in the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock valued at $88,000 after acquiring an additional 271 shares in the last quarter. Ascent Group LLC raised its holdings in iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after acquiring an additional 272 shares in the last quarter. Finally, Frisch Financial Group Inc. raised its holdings in iShares Floating Rate Bond ETF by 1.2% in the third quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock valued at $1,143,000 after acquiring an additional 274 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of BATS:FLOT opened at $51.05 on Friday. The firm’s 50 day moving average price is $50.91 and its 200 day moving average price is $50.92. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week 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.