iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,191 shares of the company’s stock after selling 4,755 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares Floating Rate Bond ETF were worth $2,045,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Logan Capital Management Inc. acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Darwin Wealth Management LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Eastern Bank acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $41,000. Finally, Bull Oak Capital LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $115,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.02 on Friday. The company’s fifty day moving average is $50.94 and its two-hundred day moving average is $50.94. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

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.