iShares Floating Rate Bond ETF $FLOT Position Trimmed by Aspen Wealth Management LLC

Aspen Wealth Management LLC lessened its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 58.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,414 shares of the company’s stock after selling 28,926 shares during the period. Aspen Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,042,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Evolution Wealth Management Inc. bought a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $25,000. Tompkins Financial Corp bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth about $25,000. Bayban bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth about $37,000. Global Assets Advisory LLC acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at about $75,000. Finally, Wellington Grp LLC acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at about $75,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT traded up $0.01 during trading hours on Wednesday, hitting $50.95. 1,174,851 shares of the company’s stock traded hands, compared to its average volume of 1,903,293. The company’s fifty day simple moving average is $50.96 and its two-hundred day simple moving average is $50.95. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.08.

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.