Arkadios Wealth Advisors Decreases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Arkadios Wealth Advisors reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 40,191 shares of the company’s stock after selling 4,755 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Floating Rate Bond ETF were worth $2,045,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after buying an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares Floating Rate Bond ETF by 2.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after buying an additional 502 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares Floating Rate Bond ETF by 14.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after buying an additional 12,859 shares in the last quarter. Atria Investments Inc boosted its position in shares of iShares Floating Rate Bond ETF by 65.0% in the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after buying an additional 5,979 shares in the last quarter. Finally, Smith Thornton Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth about $460,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

iShares Floating Rate Bond ETF stock opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The firm’s 50-day simple moving average is $50.94 and its 200 day simple moving average is $50.94.

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.