RDA Financial Network Sells 20,240 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

RDA Financial Network trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 49.9% in the 4th quarter, HoldingsChannel reports. The firm owned 20,336 shares of the company’s stock after selling 20,240 shares during the period. RDA Financial Network’s holdings in iShares Floating Rate Bond ETF were worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at about $27,000. Darwin Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $27,000. Eastern Bank purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $41,000. Finally, Bull Oak Capital LLC purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $115,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of BATS:FLOT opened at $51.01 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The firm’s 50 day simple moving average is $50.93 and its two-hundred day simple moving average is $50.94.

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.