Grey Ledge Advisors LLC Has $7.31 Million Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Grey Ledge Advisors LLC trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 23.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,506 shares of the company’s stock after selling 42,970 shares during the quarter. iShares Floating Rate Bond ETF makes up 1.7% of Grey Ledge Advisors LLC’s holdings, making the stock its 9th biggest position. Grey Ledge Advisors LLC owned approximately 0.08% of iShares Floating Rate Bond ETF worth $7,312,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLOT. Cornerstone Financial Management LLC bought a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at $30,000. Quarry LP purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $36,000. Tucker Asset Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $37,000. Bayban bought a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $37,000. Finally, Lavaca Capital LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $57,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09. The stock has a fifty day moving average of $50.96 and a 200-day moving average of $50.92.

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.