iShares Floating Rate Bond ETF (BATS:FLOT) Stake Cut by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC cut its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,574 shares of the company’s stock after selling 350 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $233,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth $27,000. Darwin Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth $27,000. Eastern Bank acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth $41,000. Finally, Bull Oak Capital LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth $115,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.03 on Friday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The stock’s fifty day moving average is $50.94 and its 200-day 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.