United Asset Strategies Inc. Decreases Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

United Asset Strategies Inc. reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 39.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,117 shares of the company’s stock after selling 5,327 shares during the period. United Asset Strategies Inc.’s holdings in iShares Floating Rate Bond ETF were worth $413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Logan Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF in the third quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $27,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth approximately $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $41,000. Finally, Bull Oak Capital LLC purchased a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $115,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.05 on Tuesday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The company’s fifty day simple moving average is $50.94 and its 200-day simple moving average is $50.94.

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.