iShares Floating Rate Bond ETF $FLOT Holdings Cut by Grey Ledge Advisors LLC

Grey Ledge Advisors LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 23.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 143,506 shares of the company’s stock after selling 42,970 shares during the period. iShares Floating Rate Bond ETF accounts for 1.7% of Grey Ledge Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Grey Ledge Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $7,312,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $30,000. Quarry LP purchased a new position in iShares Floating Rate Bond ETF during the fourth quarter worth about $36,000. Tucker Asset Management LLC purchased a new position in iShares Floating Rate Bond ETF during the fourth quarter worth about $37,000. Bayban bought a new position in iShares Floating Rate Bond ETF in the 4th quarter worth about $37,000. Finally, Lavaca Capital LLC bought a new position in iShares Floating Rate Bond ETF in the 4th quarter worth about $57,000.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $51.02 on Friday. The business’s 50-day moving average price is $50.96 and its two-hundred day moving average price is $50.92. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09.

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.