iShares Floating Rate Bond ETF $FLOT Stock Position Lowered by Sigma Planning Corp

Sigma Planning Corp lowered its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 320,042 shares of the company’s stock after selling 24,930 shares during the quarter. iShares Floating Rate Bond ETF accounts for approximately 0.5% of Sigma Planning Corp’s investment portfolio, making the stock its 29th largest position. Sigma Planning Corp owned approximately 0.18% of iShares Floating Rate Bond ETF worth $16,349,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bogart Wealth LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 68.5% during the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock worth $25,000 after acquiring an additional 196 shares in the last quarter. Westfuller Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at $28,000. Lowe Brockenbrough & Co. Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $30,000. SYM FINANCIAL Corp purchased a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth about $37,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth about $41,000.

iShares Floating Rate Bond ETF Stock Up 0.0%

FLOT stock opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The firm has a 50-day moving average of $50.93 and a two-hundred day moving average of $50.95.

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.