RFG Advisory LLC Sells 29,727 Shares of iShares Floating Rate Bond ETF $FLOT

by · The Cerbat Gem

RFG Advisory LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 9.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 288,086 shares of the company’s stock after selling 29,727 shares during the quarter. RFG Advisory LLC owned approximately 0.16% of iShares Floating Rate Bond ETF worth $14,707,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FLOT. IFP Advisors Inc grew its stake in iShares Floating Rate Bond ETF by 3.2% in the second quarter. IFP Advisors Inc now owns 20,396 shares of the company’s stock valued at $1,041,000 after purchasing an additional 623 shares during the last quarter. XY Planning Network Inc. boosted its stake in iShares Floating Rate Bond ETF by 30.4% in the 2nd quarter. XY Planning Network Inc. now owns 63,859 shares of the company’s stock worth $3,260,000 after purchasing an additional 14,879 shares in the last quarter. Waverly Advisors LLC grew its position in iShares Floating Rate Bond ETF by 18.7% during the 2nd quarter. Waverly Advisors LLC now owns 10,862 shares of the company’s stock worth $555,000 after purchasing an additional 1,714 shares during the last quarter. Citadel Advisors LLC purchased a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $8,303,000. Finally, Ameritas Advisory Services LLC increased its stake in iShares Floating Rate Bond ETF by 42.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 78,002 shares of the company’s stock valued at $3,982,000 after purchasing an additional 23,241 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

BATS FLOT opened at $50.92 on Wednesday. The company has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.09.

iShares Floating Rate Bond ETF Profile

(Free Report)

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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