Kovitz Investment Group Partners LLC Sells 19,181 Shares of iShares Floating Rate Bond ETF $FLOT

Kovitz Investment Group Partners LLC trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 607,095 shares of the company’s stock after selling 19,181 shares during the quarter. Kovitz Investment Group Partners LLC owned about 0.35% of iShares Floating Rate Bond ETF worth $31,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in FLOT. Franklin Resources Inc. boosted its holdings in shares of 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 buying an additional 313,769 shares in the last quarter. New York Life Investment Management LLC increased its stake in iShares Floating Rate Bond ETF by 24.6% in the third quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock valued at $157,227,000 after purchasing an additional 607,046 shares in the last quarter. Glenview Trust Co increased its stake in iShares Floating Rate Bond ETF by 3.9% in the third quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after purchasing an additional 102,353 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 5.0% during the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after purchasing an additional 130,241 shares during the period. Finally, Glenview Trust co boosted its position in shares of iShares Floating Rate Bond ETF by 5.0% during the 2nd 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 in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.02 on Monday. The stock has a 50-day moving average of $50.93 and a 200-day moving average of $50.95. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34.

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.