iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC cut its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,255 shares of the company’s stock after selling 300 shares during the quarter. Hohimer Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $421,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $27,000. Eastern Bank purchased a new position in iShares Floating Rate Bond ETF in the third quarter worth approximately $41,000. Bull Oak Capital LLC acquired a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $115,000. Finally, Cranbrook Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $126,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.93 on Wednesday. The firm’s fifty day simple moving average is $50.95 and its 200-day simple moving average is $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

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.