iShares Floating Rate Bond ETF $FLOT Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lowered its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 5.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 388,938 shares of the company’s stock after selling 24,238 shares during the quarter. Modera Wealth Management LLC owned approximately 0.22% of iShares Floating Rate Bond ETF worth $19,781,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLOT. Financial Sense Advisors Inc. boosted its position in iShares Floating Rate Bond ETF by 772.5% during the 3rd quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock valued at $36,141,000 after purchasing an additional 626,378 shares during the period. New York Life Investment Management LLC boosted its position in iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after acquiring an additional 607,046 shares during the period. Walker Financial Services Inc. acquired a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth $22,448,000. Northern Trust Corp boosted its position in iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after acquiring an additional 408,643 shares during the period. Finally, Flputnam Investment Management Co. boosted its position in iShares Floating Rate Bond ETF by 32.9% during the 3rd quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock worth $82,492,000 after acquiring an additional 399,436 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.1%

Shares of FLOT stock opened at $50.79 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.09. The stock has a fifty day moving average of $50.91 and a two-hundred day moving average of $50.93.

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.