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

Peapack Gladstone Financial Corp lessened its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 141,560 shares of the company’s stock after selling 8,115 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares Floating Rate Bond ETF were worth $7,225,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares Floating Rate Bond ETF in the third quarter valued at $27,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Eastern Bank purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $41,000. Bull Oak Capital LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $115,000. Finally, Cranbrook Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $126,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The business’s 50 day moving average is $50.96 and its two-hundred day moving average 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.