GSB Wealth Management LLC cut its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 6.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 142,186 shares of the company’s stock after selling 10,398 shares during the quarter. iShares Floating Rate Bond ETF accounts for 1.9% of GSB Wealth Management LLC’s portfolio, making the stock its 7th largest position. GSB Wealth Management LLC owned about 0.10% of iShares Floating Rate Bond ETF worth $7,257,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of FLOT. Wealthcare Advisory Partners LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter worth approximately $288,000. Advisor Resource Council acquired a new position in shares of iShares Floating Rate Bond ETF in the first quarter worth about $1,163,000. Willis Johnson & Associates Inc. increased its position in shares of iShares Floating Rate Bond ETF by 4.0% in the first quarter. Willis Johnson & Associates Inc. now owns 375,009 shares of the company’s stock worth $19,148,000 after acquiring an additional 14,320 shares in the last quarter. Kesler Norman & Wride LLC lifted its position in shares of iShares Floating Rate Bond ETF by 1.0% in the 1st quarter. Kesler Norman & Wride LLC now owns 105,881 shares of the company’s stock valued at $5,406,000 after acquiring an additional 1,001 shares in the last quarter. Finally, SpiderRock Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF during the 1st quarter valued at $314,000.
iShares Floating Rate Bond ETF Price Performance
Shares of iShares Floating Rate Bond ETF stock opened at $51.07 on Wednesday. The stock has a 50-day moving average price of $50.95 and a 200 day moving average price of $50.97. 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 Increases Dividend
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.
Further Reading
- Five stocks we like better than iShares Floating Rate Bond ETF
- There Are Different Types of Stock To Invest In
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
- What is a Dividend King?
- 3 ETFs With Low Fees and Market-Beating Returns
- Stock Market Sectors: What Are They and How Many Are There?
- Inflation Threats Make Yield Curve ETFs a Top Trade
Receive News & Ratings for iShares Floating Rate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.