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

CacheTech Inc. lowered its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 30.9% in the first quarter, Holdings Channel reports. The firm owned 27,812 shares of the company’s stock after selling 12,438 shares during the period. CacheTech Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,417,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLOT. L.K. Benson & Company P.C. raised its holdings in iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after buying an additional 204 shares during the period. Donor Advised Charitable Giving Inc. grew its stake in iShares Floating Rate Bond ETF by 1.6% during the fourth quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock worth $732,000 after buying an additional 226 shares during the period. Glen Eagle Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 6.6% during the fourth quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock worth $196,000 after buying an additional 237 shares during the period. North Star Investment Management Corp. grew its stake in iShares Floating Rate Bond ETF by 18.6% during the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock worth $88,000 after buying an additional 271 shares during the period. Finally, Ascent Group LLC increased its position in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock worth $288,000 after acquiring an additional 272 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $50.99 on Wednesday. The company’s fifty day simple moving average is $50.98 and its 200-day simple moving average is $50.94. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09.

About iShares Floating Rate Bond ETF

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.