Cunning Capital Partners LP Sells 14,000 Shares of iShares Floating Rate Bond ETF $FLOT

Cunning Capital Partners LP trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 32.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,000 shares of the company’s stock after selling 14,000 shares during the period. Cunning Capital Partners LP’s holdings in iShares Floating Rate Bond ETF were worth $1,475,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in iShares Floating Rate Bond ETF by 0.6% in the third quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after acquiring an additional 49,559 shares in the last quarter. Northern Trust Corp grew its position in iShares Floating Rate Bond ETF by 8.9% in the third quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after acquiring an additional 408,643 shares in the last quarter. New York Life Investment Management LLC grew its position in iShares Floating Rate Bond ETF by 1.8% in the fourth quarter. New York Life Investment Management LLC now owns 3,133,476 shares of the company’s stock worth $159,369,000 after acquiring an additional 55,725 shares in the last quarter. Franklin Resources Inc. grew its position in iShares Floating Rate Bond ETF by 2.2% in the fourth quarter. Franklin Resources Inc. now owns 3,046,357 shares of the company’s stock worth $154,938,000 after acquiring an additional 66,182 shares in the last quarter. Finally, Glenview Trust Co grew its position in iShares Floating Rate Bond ETF by 5.7% in the fourth quarter. Glenview Trust Co now owns 2,913,609 shares of the company’s stock worth $148,186,000 after acquiring an additional 156,189 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The firm has a 50 day moving average of $50.92 and a two-hundred day moving average of $50.92.

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.