Dynamic Advisor Solutions LLC Sells 18,199 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Dynamic Advisor Solutions LLC reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 69.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,898 shares of the company’s stock after selling 18,199 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in FLOT. Logan Capital Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $27,000. Darwin Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $27,000. Eastern Bank bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $41,000. Finally, Bull Oak Capital LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at approximately $115,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.05 on Tuesday. The business has a 50 day moving average of $50.94 and a 200 day moving average of $50.94. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10.

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.