Union Savings Bank reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,730 shares of the company’s stock after selling 487 shares during the quarter. iShares Floating Rate Bond ETF accounts for 0.7% of Union Savings Bank’s investment portfolio, making the stock its 28th biggest holding. Union Savings Bank’s holdings in iShares Floating Rate Bond ETF were worth $1,411,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of FLOT. Logan Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Eastern Bank acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $41,000. Finally, Bull Oak Capital LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $115,000.
iShares Floating Rate Bond ETF Price Performance
FLOT opened at $51.02 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock has a fifty day moving average price of $50.94 and a 200 day moving average price of $50.94.
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.
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