Kesler Norman & Wride LLC Lowers Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Kesler Norman & Wride LLC lessened its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% in the third quarter, Holdings Channel reports. The institutional investor owned 131,983 shares of the company’s stock after selling 15,475 shares during the period. iShares Floating Rate Bond ETF accounts for approximately 1.2% of Kesler Norman & Wride LLC’s portfolio, making the stock its 23rd biggest position. Kesler Norman & Wride LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Blue Capital Inc. bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $2,696,000. WorthPointe LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at $653,000. NTV Asset Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 44.6% during the third quarter. NTV Asset Management LLC now owns 32,621 shares of the company’s stock valued at $1,666,000 after buying an additional 10,065 shares during the last quarter. Focus Financial Network Inc. increased its holdings in iShares Floating Rate Bond ETF by 32.6% in the 2nd quarter. Focus Financial Network Inc. now owns 11,841 shares of the company’s stock worth $604,000 after buying an additional 2,912 shares in the last quarter. Finally, Carmel Capital Partners LLC raised its position in iShares Floating Rate Bond ETF by 5.3% in the 2nd quarter. Carmel Capital Partners LLC now owns 103,591 shares of the company’s stock worth $5,285,000 after buying an additional 5,255 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.92 on Friday. The firm has a 50 day moving average price of $50.91 and a 200-day moving average price of $50.95. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34.

iShares Floating Rate Bond ETF 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.