BTS Asset Management Inc. Sells 713 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

BTS Asset Management Inc. reduced its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 18,694 shares of the company’s stock after selling 713 shares during the quarter. iShares Floating Rate Bond ETF makes up 0.9% of BTS Asset Management Inc.’s portfolio, making the stock its 7th biggest position. BTS Asset Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $951,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Continental Investors Services Inc. grew its stake in iShares Floating Rate Bond ETF by 2.6% during the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after buying an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in shares of iShares Floating Rate Bond ETF by 1.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after buying an additional 214 shares during the period. Western Financial Corp CA grew its holdings in iShares Floating Rate Bond ETF by 1.9% in the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after buying an additional 256 shares in the last quarter. Flagstar Advisors Inc. raised its stake in iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after acquiring an additional 315 shares in the last quarter. Finally, Summit Wealth Partners LLC boosted its position in iShares Floating Rate Bond ETF by 7.6% during the 3rd quarter. Summit Wealth Partners LLC now owns 4,492 shares of the company’s stock worth $229,000 after acquiring an additional 316 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The business has a fifty day moving average of $50.94 and a 200-day moving average of $50.94.

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.