Octavia Wealth Advisors LLC Cuts Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Octavia Wealth Advisors LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 12.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,909 shares of the company’s stock after selling 4,214 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,573,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FLOT. Continental Investors Services Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 2.6% during the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after buying an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after purchasing an additional 214 shares during the period. Western Financial Corp CA increased its holdings in shares of iShares Floating Rate Bond ETF by 1.9% during the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after buying an additional 256 shares during the last quarter. Flagstar Advisors Inc. increased its stake in iShares Floating Rate Bond ETF by 1.4% during the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after acquiring an additional 315 shares during the last quarter. Finally, Summit Wealth Partners LLC increased its position in iShares Floating Rate Bond ETF by 7.6% during the 3rd quarter. Summit Wealth Partners LLC now owns 4,492 shares of the company’s stock worth $229,000 after purchasing an additional 316 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.02 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The stock’s 50-day moving average is $50.94 and its two-hundred day moving average is $50.94.

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.