Courier Capital LLC Sells 31,645 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Courier Capital LLC lowered its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 16.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,334 shares of the company’s stock after selling 31,645 shares during the quarter. Courier Capital LLC’s holdings in iShares Floating Rate Bond ETF were worth $8,056,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Floating Rate Bond ETF Stock Performance

FLOT traded up $0.01 during midday trading on Monday, reaching $50.95. The company’s stock had a trading volume of 3,506,514 shares. The company has a fifty day simple moving average of $50.93 and a 200 day simple moving average of $50.94. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

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.