Rise Advisors LLC Sells 348 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Rise Advisors LLC reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,669 shares of the company’s stock after selling 348 shares during the quarter. iShares Floating Rate Bond ETF accounts for approximately 0.3% of Rise Advisors LLC’s holdings, making the stock its 29th biggest position. Rise Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $645,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its position in iShares Floating Rate Bond ETF by 79.2% during the second quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock valued at $2,150,000 after purchasing an additional 18,600 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of iShares Floating Rate Bond ETF by 14.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock valued at $5,294,000 after buying an additional 12,859 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of 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 valued at $35,489,000 after acquiring an additional 91,686 shares during the period. Atria Investments Inc increased its holdings in 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 acquiring an additional 5,979 shares in the last quarter. Finally, Smith Thornton Advisors LLC bought a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $460,000.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT remained flat at $50.91 during trading hours on Tuesday. 1,323,370 shares of the company’s stock traded hands. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The firm has a 50-day moving average of $50.93 and a 200 day moving average 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.