iShares Floating Rate Bond ETF $FLOT Stock: Aspen Wealth Management LLC Trims Stake

Aspen Wealth Management LLC lowered its holdings in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 58.6% during the third quarter, HoldingsChannel.com reports. The fund owned 20,414 shares of the company’s stock after selling 28,926 shares during the period. Aspen Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,042,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FLOT. Citadel Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth about $8,303,000. Compass Financial Management LLC acquired a new position in iShares Floating Rate Bond ETF in the second quarter valued at about $5,930,000. Private Client Services LLC acquired a new position in iShares Floating Rate Bond ETF in the third quarter valued at about $677,000. Paces Ferry Wealth Advisors LLC boosted its position in iShares Floating Rate Bond ETF by 6.9% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 162,791 shares of the company’s stock valued at $8,294,000 after buying an additional 10,457 shares in the last quarter. Finally, Thryve Wealth Management LLC bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $3,253,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT traded up $0.01 during mid-day trading on Wednesday, hitting $50.95. 1,174,851 shares of the stock were exchanged, compared to its average volume of 1,903,293. The stock’s fifty day simple moving average is $50.96 and its two-hundred day simple moving average is $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08.

iShares Floating Rate Bond ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).