Sigma Planning Corp Sells 19,864 Shares of iShares Floating Rate Bond ETF $FLOT

Sigma Planning Corp reduced its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.2% during the fourth quarter, HoldingsChannel reports. The firm owned 300,178 shares of the company’s stock after selling 19,864 shares during the period. Sigma Planning Corp’s holdings in iShares Floating Rate Bond ETF were worth $15,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLOT. Focus Partners Wealth lifted its holdings in shares of iShares Floating Rate Bond ETF by 8.9% during the first quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock valued at $678,000 after purchasing an additional 1,088 shares in the last quarter. Diversify Wealth Management LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 70.3% during the second quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock valued at $606,000 after purchasing an additional 4,907 shares in the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 5.8% during the second quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock valued at $2,732,000 after purchasing an additional 2,934 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 13.7% during the second quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock valued at $57,364,000 after purchasing an additional 135,488 shares in the last quarter. Finally, Ausdal Financial Partners Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 30.6% during the second quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock valued at $1,138,000 after purchasing an additional 5,231 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1%

Shares of BATS:FLOT opened at $51.04 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09. The stock’s fifty day moving average price is $50.89 and its 200-day moving average price is $50.92.

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.