Crabel Capital Management LLC Cuts Position in iShares Floating Rate Bond ETF $FLOT

Crabel Capital Management LLC reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 49.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,935 shares of the company’s stock after selling 19,626 shares during the quarter. iShares Floating Rate Bond ETF makes up approximately 0.9% of Crabel Capital Management LLC’s investment portfolio, making the stock its 26th biggest position. Crabel Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,018,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Blair William & Co. IL increased its position in iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Blair William & Co. IL now owns 28,740 shares of the company’s stock worth $1,468,000 after purchasing an additional 403 shares in the last quarter. Trustmark Bank Trust Department lifted its position in iShares Floating Rate Bond ETF by 42.2% during the third quarter. Trustmark Bank Trust Department now owns 950,297 shares of the company’s stock valued at $48,546,000 after buying an additional 282,200 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in iShares Floating Rate Bond ETF by 77.0% during the third quarter. Orion Porfolio Solutions LLC now owns 44,230 shares of the company’s stock worth $2,260,000 after buying an additional 19,239 shares during the period. American Wealth Advisors LLC purchased a new stake in iShares Floating Rate Bond ETF during the third quarter worth approximately $584,000. Finally, Bellwether Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 2.9% in the third quarter. Bellwether Advisors LLC now owns 15,019 shares of the company’s stock worth $767,000 after acquiring an additional 428 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $50.87 on Friday. The company’s fifty day simple moving average is $50.94 and its 200-day simple moving average is $50.95. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

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.