Fmr LLC Has $138,000 Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Fmr LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 24.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,697 shares of the company’s stock after selling 882 shares during the quarter. Fmr LLC’s holdings in iShares Floating Rate Bond ETF were worth $138,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Pine Valley Investments Ltd Liability Co boosted its position in iShares Floating Rate Bond ETF by 1.5% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock valued at $722,000 after buying an additional 210 shares during the last quarter. Schmidt P J Investment Management Inc. boosted its holdings in iShares Floating Rate Bond ETF by 4.4% in the second quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock valued at $286,000 after acquiring an additional 235 shares during the last quarter. Spire Wealth Management boosted its holdings in iShares Floating Rate Bond ETF by 3.5% in the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after acquiring an additional 236 shares during the last quarter. Western Financial Corp CA raised its holdings in iShares Floating Rate Bond ETF by 1.9% during the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after purchasing an additional 256 shares during the last quarter. Finally, First Heartland Consultants Inc. raised its holdings in iShares Floating Rate Bond ETF by 3.9% during the 2nd quarter. First Heartland Consultants Inc. now owns 7,705 shares of the company’s stock worth $394,000 after purchasing an additional 289 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of BATS FLOT opened at $50.80 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm’s 50-day moving average is $50.96 and its 200-day moving average is $50.95.

iShares Floating Rate Bond ETF Profile

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.