Ocean Park Asset Management LLC Has $6.24 Million Stake in iShares Floating Rate Bond ETF $FLOT

Ocean Park Asset Management LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 122,500 shares of the company’s stock after selling 14,900 shares during the period. Ocean Park Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,241,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Cascade Wealth Advisors Inc grew its stake in iShares Floating Rate Bond ETF by 26.3% in the third quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock valued at $12,561,000 after purchasing an additional 51,392 shares in the last quarter. Crews Bank & Trust increased its stake in shares of iShares Floating Rate Bond ETF by 132.3% during the 4th quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock worth $4,090,000 after purchasing an additional 45,795 shares during the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $1,560,000. Shira Ridge Wealth Management raised its holdings in shares of iShares Floating Rate Bond ETF by 73.6% in the 4th quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock valued at $7,056,000 after purchasing an additional 58,813 shares during the period. Finally, Apollon Wealth Management LLC raised its stake in iShares Floating Rate Bond ETF by 6.4% in the fourth quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock valued at $9,790,000 after buying an additional 11,514 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Monday. The business has a fifty day simple moving average of $50.95 and a two-hundred day simple moving average of $50.92. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09.

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.