Oxinas Partners Wealth Management LLC Decreases Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Oxinas Partners Wealth Management LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 36.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,973 shares of the company’s stock after selling 5,240 shares during the quarter. Oxinas Partners Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $457,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FLOT. Logan Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $27,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $27,000. Eastern Bank purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $41,000. Finally, Bull Oak Capital LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $115,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $51.02 on Wednesday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The business has a 50-day moving average price of $50.94 and a 200-day moving average price of $50.94.

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.