Fmr LLC Has $138,000 Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Fmr LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 24.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,697 shares of the company’s stock after selling 882 shares during the quarter. Fmr LLC’s holdings in iShares Floating Rate Bond ETF were worth $138,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $27,000. Darwin Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Eastern Bank bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $41,000. Bull Oak Capital LLC acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth $115,000. Finally, Cranbrook Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF during the second quarter worth about $126,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.80 on Monday. The business has a 50-day moving average of $50.96 and a two-hundred day moving average of $50.95. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

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.