Rise Advisors LLC Sells 348 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Rise Advisors LLC reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,669 shares of the company’s stock after selling 348 shares during the period. iShares Floating Rate Bond ETF makes up 0.3% of Rise Advisors LLC’s portfolio, making the stock its 29th largest holding. Rise Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $645,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FLOT. Continental Investors Services Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 2.6% in 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 in the last quarter. Pine Valley Investments Ltd Liability Co grew its position in iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after acquiring an additional 214 shares in the last quarter. Western Financial Corp CA increased its stake in iShares Floating Rate Bond ETF by 1.9% during the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after acquiring an additional 256 shares during the last quarter. Coldstream Capital Management Inc. raised its position in iShares Floating Rate Bond ETF by 2.0% during the second quarter. Coldstream Capital Management Inc. now owns 15,071 shares of the company’s stock valued at $770,000 after purchasing an additional 301 shares during the period. Finally, Flagstar Advisors Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after purchasing an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT remained flat at $50.91 during trading hours on Tuesday. The stock had a trading volume of 1,323,370 shares. The firm’s 50 day moving average is $50.93 and its 200 day moving average is $50.94. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

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.