Integrated Advisors Network LLC Sells 45,829 Shares of iShares Floating Rate Bond ETF $FLOT

Integrated Advisors Network LLC lowered its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 64.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,773 shares of the company’s stock after selling 45,829 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bogart Wealth LLC lifted its position in shares of iShares Floating Rate Bond ETF by 68.5% during the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after buying an additional 196 shares during the period. Hohimer Wealth Management LLC raised its stake in iShares Floating Rate Bond ETF by 2.9% during the second quarter. Hohimer Wealth Management LLC now owns 9,491 shares of the company’s stock worth $484,000 after acquiring an additional 271 shares in the last quarter. Frisch Financial Group Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.2% during the third quarter. Frisch Financial Group Inc. now owns 22,368 shares of the company’s stock valued at $1,143,000 after acquiring an additional 274 shares during the period. IHT Wealth Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 7.0% in the 2nd quarter. IHT Wealth Management LLC now owns 4,638 shares of the company’s stock valued at $237,000 after purchasing an additional 302 shares in the last quarter. Finally, Optivise Advisory Services LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 6.8% in the 2nd quarter. Optivise Advisory Services LLC now owns 4,891 shares of the company’s stock worth $250,000 after purchasing an additional 311 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $51.00 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The firm has a 50-day moving average price of $50.93 and a 200 day moving average price of $50.95.

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.