iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.1% during the fourth quarter, Holdings Channel.com reports. The firm 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 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Atomi Financial Group Inc. grew its holdings in iShares Floating Rate Bond ETF by 38.5% during the fourth quarter. Atomi Financial Group Inc. now owns 111,953 shares of the company’s stock worth $5,696,000 after acquiring an additional 31,098 shares during the period. Chesley Taft & Associates LLC grew its holdings in iShares Floating Rate Bond ETF by 15.2% during the fourth quarter. Chesley Taft & Associates LLC now owns 143,635 shares of the company’s stock worth $7,308,000 after acquiring an additional 18,975 shares during the period. Alpha Cubed Investments LLC grew its holdings in iShares Floating Rate Bond ETF by 1.5% during the fourth quarter. Alpha Cubed Investments LLC now owns 48,793 shares of the company’s stock worth $2,483,000 after acquiring an additional 724 shares during the period. First United Bank & Trust grew its holdings in iShares Floating Rate Bond ETF by 14.1% during the fourth quarter. First United Bank & Trust now owns 31,657 shares of the company’s stock worth $1,611,000 after acquiring an additional 3,918 shares during the period. Finally, Royal Fund Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at $337,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

BATS:FLOT opened at $51.03 on Friday. 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 simple moving average of $50.94 and a 200 day simple moving average of $50.94.

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.