iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Global Trust Asset Management LLC

Global Trust Asset Management LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,024 shares of the company’s stock after selling 2,585 shares during the quarter. Global Trust Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,121,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Franklin Resources Inc. increased its position in shares of iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after purchasing an additional 1,118,243 shares during the last quarter. Haverford Trust Co raised its holdings in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after purchasing an additional 16,112 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares Floating Rate Bond ETF by 13.8% in the 2nd quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock worth $49,860,000 after buying an additional 118,392 shares during the last quarter. Demars Financial Group LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 0.9% in the 3rd quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock valued at $37,928,000 after buying an additional 6,805 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after acquiring an additional 91,686 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.02 on Wednesday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The stock’s 50 day simple moving average is $50.94 and its 200 day simple moving average is $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.