Probity Advisors Inc. Sells 7,741 Shares of iShares Floating Rate Bond ETF $FLOT

Probity Advisors Inc. decreased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 130,922 shares of the company’s stock after selling 7,741 shares during the quarter. iShares Floating Rate Bond ETF accounts for 1.2% of Probity Advisors Inc.’s investment portfolio, making the stock its 21st biggest holding. Probity Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $6,680,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Northern Trust Corp increased its stake in iShares Floating Rate Bond ETF by 11.0% in the 1st quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after buying an additional 447,443 shares during the last quarter. LPL Financial LLC increased its stake in iShares Floating Rate Bond ETF by 20.0% in the 1st quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock valued at $217,736,000 after buying an additional 709,617 shares during the last quarter. Ameriprise Financial Inc. increased its stake in iShares Floating Rate Bond ETF by 143.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after buying an additional 1,538,926 shares during the last quarter. Glenview Trust co increased its stake in iShares Floating Rate Bond ETF by 4.0% in the 1st quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after buying an additional 97,749 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in iShares Floating Rate Bond ETF by 59.0% in the 1st quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after buying an additional 872,352 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0%

BATS:FLOT opened at $51.00 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The firm has a 50-day moving average price of $50.97 and a two-hundred day moving average price of $50.89.

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.