Integrated Capital Management LLC Sells 255 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Integrated Capital Management LLC decreased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,514 shares of the company’s stock after selling 255 shares during the quarter. Integrated Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $331,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of 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 valued at $35,489,000 after acquiring an additional 91,686 shares during the period. Independent Solutions Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $743,000. Logan Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth $25,000. Beaird Harris Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth about $1,856,000. Finally, Franklin Resources Inc. lifted its position in iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after buying an additional 1,118,243 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT traded up $0.02 during midday trading on Friday, reaching $50.90. The stock had a trading volume of 2,840,275 shares. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The firm has a 50 day simple moving average of $50.94 and a 200-day simple moving average of $50.95.

iShares Floating Rate Bond ETF 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.