LexAurum Advisors LLC Has $406,000 Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

LexAurum Advisors LLC cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 21.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,978 shares of the company’s stock after selling 2,235 shares during the period. LexAurum Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its position in 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 worth $240,430,000 after buying an additional 1,118,243 shares in the last quarter. Haverford Trust Co lifted its position in iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after buying an additional 16,112 shares in the last quarter. Cetera Investment Advisers lifted its position in iShares Floating Rate Bond ETF by 13.8% during the 2nd quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock worth $49,860,000 after buying an additional 118,392 shares in the last quarter. Demars Financial Group LLC lifted its position in iShares Floating Rate Bond ETF by 0.9% during the 3rd quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock worth $37,928,000 after buying an additional 6,805 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares Floating Rate Bond ETF by 15.2% during 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.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $51.05 on Friday. The company’s 50-day moving average price is $50.94 and its two-hundred day moving average price is $50.94. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

iShares Floating Rate Bond ETF 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.