iShares Floating Rate Bond ETF $FLOT Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC cut its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 82.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,148 shares of the company’s stock after selling 44,338 shares during the period. Waverly Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $466,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Focus Partners Wealth increased its stake in iShares Floating Rate Bond ETF by 8.9% in the first quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after purchasing an additional 1,088 shares during the period. Diversify Wealth Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 70.3% during the second quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock worth $606,000 after buying an additional 4,907 shares during the period. Transamerica Financial Advisors LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 5.8% during the second quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock worth $2,732,000 after buying an additional 2,934 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 13.7% during the second quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock worth $57,364,000 after buying an additional 135,488 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 30.6% during the second quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock worth $1,138,000 after buying an additional 5,231 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.92 on Tuesday. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09. The stock’s 50-day moving average price is $50.99 and its 200 day moving average price is $50.95.

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.