Ameliora Wealth Management Ltd. Lowers Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Ameliora Wealth Management Ltd. lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,620 shares of the company’s stock after selling 800 shares during the quarter. Ameliora Wealth Management Ltd.’s holdings in iShares Floating Rate Bond ETF were worth $593,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Demars Financial Group LLC increased its position in iShares Floating Rate Bond ETF by 5,019.0% in the fourth quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock worth $1,935,446,000 after purchasing an additional 37,296,320 shares during the last quarter. Bank of America Corp DE increased its position in iShares Floating Rate Bond ETF by 3.9% in the fourth quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock worth $401,349,000 after purchasing an additional 295,184 shares during the last quarter. Proficio Capital Partners LLC increased its position in iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after purchasing an additional 4,347,920 shares during the last quarter. LPL Financial LLC increased its position in iShares Floating Rate Bond ETF by 4.4% in the fourth quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after purchasing an additional 149,228 shares during the last quarter. Finally, New York Life Investment Management LLC increased its position in iShares Floating Rate Bond ETF by 12.8% in the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after purchasing an additional 347,836 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.84 on Tuesday. The company’s fifty day moving average is $50.75 and its 200 day moving average is $50.89. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34.

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.