iShares Floating Rate Bond ETF $FLOT Shares Sold by Diversified Portfolios Inc.

Diversified Portfolios Inc. lowered its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 458,406 shares of the company’s stock after selling 42,579 shares during the quarter. iShares Floating Rate Bond ETF accounts for approximately 2.1% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 11th largest position. Diversified Portfolios Inc. owned approximately 0.26% of iShares Floating Rate Bond ETF worth $23,418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bogart Wealth LLC lifted its holdings in iShares Floating Rate Bond ETF by 68.5% in the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after acquiring an additional 196 shares during the last quarter. Westfuller Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $28,000. Lowe Brockenbrough & Co. Inc. acquired a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $30,000. Atlantic Union Bankshares Corp acquired a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $41,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in iShares Floating Rate Bond ETF by 142.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,235 shares of the company’s stock worth $63,000 after buying an additional 726 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

BATS FLOT opened at $50.85 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The business’s fifty day moving average is $50.94 and its two-hundred day moving average is $50.95.

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.