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

Hohimer Wealth Management LLC decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,255 shares of the company’s stock after selling 300 shares during the period. Hohimer Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $421,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Continental Investors Services Inc. lifted its position in iShares Floating Rate Bond ETF by 2.6% in the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after acquiring an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in shares of iShares Floating Rate Bond ETF by 1.5% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock valued at $722,000 after purchasing an additional 210 shares during the period. Schmidt P J Investment Management Inc. grew its stake in iShares Floating Rate Bond ETF by 4.4% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock worth $286,000 after buying an additional 235 shares during the last quarter. Spire Wealth Management increased its position in iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after buying an additional 236 shares during the period. Finally, Western Financial Corp CA lifted its stake in iShares Floating Rate Bond ETF by 1.9% in the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after buying an additional 256 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.93 on Wednesday. The business has a 50 day simple moving average of $50.95 and a 200-day simple moving average of $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.