Vontobel Holding Ltd. trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 31.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,413 shares of the company’s stock after selling 2,950 shares during the quarter. Vontobel Holding Ltd.’s holdings in iShares Floating Rate Bond ETF were worth $326,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of FLOT. Bank of New York Mellon Corp increased its holdings in iShares Floating Rate Bond ETF by 122.7% during the 1st quarter. Bank of New York Mellon Corp now owns 112,302 shares of the company’s stock worth $5,674,000 after purchasing an additional 61,884 shares in the last quarter. Roundview Capital LLC raised its stake in shares of iShares Floating Rate Bond ETF by 19.2% in the 1st quarter. Roundview Capital LLC now owns 121,500 shares of the company’s stock valued at $6,138,000 after purchasing an additional 19,580 shares during the period. Citigroup Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 976.0% in the 1st quarter. Citigroup Inc. now owns 3,228 shares of the company’s stock valued at $163,000 after purchasing an additional 2,928 shares during the period. Bank of Montreal Can raised its stake in shares of iShares Floating Rate Bond ETF by 9.0% in the 1st quarter. Bank of Montreal Can now owns 118,015 shares of the company’s stock valued at $5,983,000 after purchasing an additional 9,772 shares during the period. Finally, Cibc World Market Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 126.2% in the 1st quarter. Cibc World Market Inc. now owns 81,715 shares of the company’s stock valued at $4,128,000 after purchasing an additional 45,589 shares during the period.
iShares Floating Rate Bond ETF Price Performance
FLOT opened at $50.72 on Friday. The business’s 50-day moving average price is $50.75 and its two-hundred day moving average price is $50.63. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.
iShares Floating Rate Bond ETF Increases Dividend
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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