Beaird Harris Wealth Management LLC Decreases Holdings in iShares Floating Rate Bond ETF $FLOT

Beaird Harris Wealth Management LLC trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 27.3% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 26,103 shares of the company’s stock after selling 9,822 shares during the quarter. Beaird Harris Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,333,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FLOT. Chesley Taft & Associates LLC boosted its position in iShares Floating Rate Bond ETF by 6.0% during the second quarter. Chesley Taft & Associates LLC now owns 202,885 shares of the company’s stock valued at $10,357,000 after buying an additional 11,400 shares during the period. Elmwood Wealth Management Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 7.6% during the second quarter. Elmwood Wealth Management Inc. now owns 70,506 shares of the company’s stock valued at $3,599,000 after buying an additional 4,996 shares during the last quarter. Evanson Financial LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the second quarter worth about $311,000. Dynamic Advisor Solutions LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 11.7% in the second quarter. Dynamic Advisor Solutions LLC now owns 43,760 shares of the company’s stock worth $2,234,000 after buying an additional 4,569 shares during the period. Finally, Avior Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 52.1% in the 2nd quarter. Avior Wealth Management LLC now owns 473,378 shares of the company’s stock valued at $24,166,000 after acquiring an additional 162,133 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.93 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.09. The business has a 50-day moving average of $50.98 and a 200 day moving average of $50.94.

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.