ORG Partners LLC Has $1.31 Million Holdings in iShares Floating Rate Bond ETF $FLOT

ORG Partners LLC decreased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 45.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 25,615 shares of the company’s stock after selling 21,040 shares during the period. ORG Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,308,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Franklin Resources Inc. grew its position in iShares Floating Rate Bond ETF by 10.8% during the 2nd quarter. Franklin Resources Inc. now owns 3,209,096 shares of the company’s stock worth $163,728,000 after acquiring an additional 313,769 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Floating Rate Bond ETF by 5.0% in the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after purchasing an additional 130,241 shares in the last quarter. Glenview Trust co grew its holdings in shares of iShares Floating Rate Bond ETF by 5.0% during the second quarter. Glenview Trust co now owns 2,655,067 shares of the company’s stock worth $135,462,000 after purchasing an additional 125,640 shares during the last quarter. Flputnam Investment Management Co. increased its stake in shares of iShares Floating Rate Bond ETF by 32.9% in the third quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock valued at $82,492,000 after buying an additional 399,436 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares Floating Rate Bond ETF by 7.9% in the second quarter. JPMorgan Chase & Co. now owns 1,474,559 shares of the company’s stock valued at $75,232,000 after buying an additional 108,053 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.92 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month high of $51.34. The company’s 50-day moving average price is $50.91 and its two-hundred day moving average price is $50.95.

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.