LPL Financial LLC Sells 407,024 Shares of iShares Floating Rate Bond ETF $FLOT

LPL Financial LLC decreased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,166,797 shares of the company’s stock after selling 407,024 shares during the period. LPL Financial LLC owned 2.38% of iShares Floating Rate Bond ETF worth $211,923,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FLOT. Tucker Asset Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter worth about $37,000. Boyd Watterson Asset Management LLC OH boosted its holdings in shares of iShares Floating Rate Bond ETF by 285.9% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,640 shares of the company’s stock worth $83,000 after buying an additional 1,215 shares during the period. O Shaughnessy Asset Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $84,000. North Star Investment Management Corp. grew its position in shares of iShares Floating Rate Bond ETF by 18.6% in the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock valued at $88,000 after purchasing an additional 271 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares Floating Rate Bond ETF by 32.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,850 shares of the company’s stock valued at $94,000 after purchasing an additional 450 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

iShares Floating Rate Bond ETF stock opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The stock’s 50 day moving average is $50.92 and its 200-day moving average is $50.92.

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.