B. Riley Wealth Advisors Inc. Reduces Position in iShares Floating Rate Bond ETF (BATS:FLOT)

B. Riley Wealth Advisors Inc. trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,556 shares of the company’s stock after selling 705 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,611,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HTLF Bank purchased a new stake in iShares Floating Rate Bond ETF in the second quarter worth about $301,000. Principal Financial Group Inc. increased its holdings in iShares Floating Rate Bond ETF by 79.2% in the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after acquiring an additional 18,600 shares in the last quarter. Sanctuary Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 14.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after acquiring an additional 12,859 shares during the period. Spire Wealth Management lifted its holdings in iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after purchasing an additional 236 shares in the last quarter. Finally, Atria Investments Inc lifted its holdings in iShares Floating Rate Bond ETF by 65.0% during the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after purchasing an additional 5,979 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.99 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm has a fifty day moving average price of $50.96 and a 200-day moving average price of $50.96.

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.