iShares Floating Rate Bond ETF (BATS:FLOT) is TRUE Private Wealth Advisors’ 4th Largest Position

TRUE Private Wealth Advisors trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 25.8% during the third quarter, Holdings Channel.com reports. The firm owned 846,570 shares of the company’s stock after selling 293,646 shares during the period. iShares Floating Rate Bond ETF accounts for approximately 5.2% of TRUE Private Wealth Advisors’ holdings, making the stock its 4th largest position. TRUE Private Wealth Advisors’ holdings in iShares Floating Rate Bond ETF were worth $43,209,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth $27,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Eastern Bank purchased a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth $41,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the second quarter valued at about $50,000. Finally, Bull Oak Capital LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $115,000.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of FLOT stock opened at $51.08 on Friday. The business’s 50 day moving average is $50.97 and its two-hundred day moving average is $50.97. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month 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.