Kesler Norman & Wride LLC Trims Stake in iShares Floating Rate Bond ETF $FLOT

Kesler Norman & Wride LLC lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 131,983 shares of the company’s stock after selling 15,475 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 1.2% of Kesler Norman & Wride LLC’s portfolio, making the stock its 23rd largest holding. Kesler Norman & Wride LLC owned approximately 0.08% of iShares Floating Rate Bond ETF worth $6,715,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Webster Bank N. A. increased its stake in iShares Floating Rate Bond ETF by 2.6% in the 3rd quarter. Webster Bank N. A. now owns 34,966 shares of the company’s stock worth $1,786,000 after acquiring an additional 870 shares during the last quarter. Guidance Point Advisors LLC boosted its position in shares of iShares Floating Rate Bond ETF by 2.4% during the 3rd quarter. Guidance Point Advisors LLC now owns 16,001 shares of the company’s stock valued at $818,000 after acquiring an additional 373 shares during the last quarter. Independent Solutions Wealth Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 11.9% during the third quarter. Independent Solutions Wealth Management LLC now owns 59,761 shares of the company’s stock worth $3,053,000 after purchasing an additional 6,371 shares in the last quarter. Financial Advisory Partners LLC increased its position in shares of iShares Floating Rate Bond ETF by 3.1% in the third quarter. Financial Advisory Partners LLC now owns 234,114 shares of the company’s stock worth $11,960,000 after purchasing an additional 6,958 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $204,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.92 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The company’s fifty day moving average price is $50.91 and its 200-day moving average price is $50.95.

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.