iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Synovus Financial Corp

Synovus Financial Corp reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,125 shares of the company’s stock after selling 598 shares during the quarter. Synovus Financial Corp’s holdings in iShares Floating Rate Bond ETF were worth $1,129,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FLOT. HTLF Bank acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth about $301,000. Principal Financial Group Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 79.2% in the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after purchasing an additional 18,600 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 14.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after purchasing an additional 12,859 shares in the last quarter. Spire Wealth Management lifted its stake in iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after purchasing an additional 236 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings in iShares Floating Rate Bond ETF by 65.0% during the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after buying an additional 5,979 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.99 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm’s 50 day moving average price is $50.96 and its two-hundred day moving average price is $50.96.

iShares Floating Rate Bond ETF Company 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.