Capital Investment Advisory Services LLC Has $1.27 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Capital Investment Advisory Services LLC trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,908 shares of the company’s stock after selling 733 shares during the period. Capital Investment Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,267,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Franklin Resources Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 31.0% in the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares during the last quarter. Haverford Trust Co increased its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after purchasing an additional 16,112 shares during the last quarter. Demars Financial Group LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 0.9% in the third quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock valued at $37,928,000 after purchasing an additional 6,805 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Floating Rate Bond ETF by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock valued at $35,489,000 after purchasing an additional 91,686 shares during the last quarter. Finally, Trustmark National Bank Trust Department increased its holdings in shares of iShares Floating Rate Bond ETF by 1.6% in the third quarter. Trustmark National Bank Trust Department now owns 664,437 shares of the company’s stock valued at $33,913,000 after purchasing an additional 10,464 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.2 %

BATS:FLOT opened at $51.09 on Friday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The firm’s fifty day moving average price is $50.95 and its two-hundred day moving average price is $50.95.

iShares Floating Rate Bond ETF 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.