iShares Floating Rate Bond ETF $FLOT Shares Sold by Hartline Investment Corp

Hartline Investment Corp lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 9.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 848,010 shares of the company’s stock after selling 92,524 shares during the period. iShares Floating Rate Bond ETF comprises approximately 4.9% of Hartline Investment Corp’s investment portfolio, making the stock its 4th biggest position. Hartline Investment Corp owned approximately 0.48% of iShares Floating Rate Bond ETF worth $43,265,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Northern Trust Corp raised its position in shares of iShares Floating Rate Bond ETF by 11.0% during the 1st quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock worth $231,282,000 after purchasing an additional 447,443 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares Floating Rate Bond ETF by 20.0% during the 1st quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock worth $217,736,000 after purchasing an additional 709,617 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares Floating Rate Bond ETF by 143.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock worth $133,006,000 after purchasing an additional 1,538,926 shares during the last quarter. Glenview Trust co raised its position in shares of iShares Floating Rate Bond ETF by 4.0% during the 1st quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock worth $129,127,000 after purchasing an additional 97,749 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of iShares Floating Rate Bond ETF by 59.0% during the 1st quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock worth $120,058,000 after purchasing an additional 872,352 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $50.96 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The company has a 50-day moving average price of $50.97 and a 200 day moving average price of $50.89.

iShares Floating Rate Bond ETF Company 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.