iShares Floating Rate Bond ETF $FLOT Shares Sold by RFG Advisory LLC

RFG Advisory LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 9.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 288,086 shares of the company’s stock after selling 29,727 shares during the quarter. RFG Advisory LLC’s holdings in iShares Floating Rate Bond ETF were worth $14,707,000 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. Evolution Wealth Management Inc. purchased a new stake in iShares Floating Rate Bond ETF in the first quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new position in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $30,000. Quarry LP purchased a new position in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $36,000. Tucker Asset Management LLC purchased a new position in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $37,000. Finally, Bayban acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $37,000.

iShares Floating Rate Bond ETF Stock Up 0.0%

FLOT stock opened at $50.92 on Wednesday. The firm’s fifty day simple moving average is $50.97 and its 200-day simple moving average is $50.94. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09.

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.