Joseph P. Lucia & Associates LLC Cuts Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Joseph P. Lucia & Associates LLC lowered its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 14.0% in the 4th quarter, Holdings Channel reports. The firm owned 15,800 shares of the company’s stock after selling 2,580 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in iShares Floating Rate Bond ETF were worth $804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after buying an additional 91,686 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Floating Rate Bond ETF by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after purchasing an additional 502 shares during the last quarter. Sanctuary Advisors LLC grew its position in iShares Floating Rate Bond ETF by 14.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after purchasing an additional 12,859 shares during the period. Atria Investments Inc raised its stake in iShares Floating Rate Bond ETF by 65.0% during the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after buying an additional 5,979 shares during the last quarter. Finally, TCP Asset Management LLC raised its stake in iShares Floating Rate Bond ETF by 15.7% during the 3rd quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock valued at $17,693,000 after buying an additional 47,061 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.05 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock’s fifty day moving average price is $50.94 and its 200-day moving average price is $50.94.

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.