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

Sax Wealth Advisors LLC lowered its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 12.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,460 shares of the company’s stock after selling 11,282 shares during the quarter. Sax Wealth Advisors LLC owned 0.05% of iShares Floating Rate Bond ETF worth $3,890,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Franklin Resources Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after buying an additional 1,118,243 shares in the last quarter. US Bancorp DE lifted its holdings in iShares Floating Rate Bond ETF by 143.8% during the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock valued at $31,897,000 after purchasing an additional 368,596 shares in the last quarter. Hartline Investment Corp grew its position in shares of iShares Floating Rate Bond ETF by 284.6% in the third quarter. Hartline Investment Corp now owns 398,935 shares of the company’s stock valued at $20,362,000 after purchasing an additional 295,204 shares during the period. Toronto Dominion Bank purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter worth about $12,772,000. Finally, Hsbc Holdings PLC increased its stake in shares of iShares Floating Rate Bond ETF by 18.3% during the second quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock worth $64,358,000 after purchasing an additional 194,624 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.02 on Friday. The business has a 50 day simple moving average of $50.94 and a two-hundred day simple moving average of $50.94. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 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.