Ocean Park Asset Management LLC Has $6.24 Million Position in iShares Floating Rate Bond ETF $FLOT

Ocean Park Asset Management LLC lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 122,500 shares of the company’s stock after selling 14,900 shares during the period. Ocean Park Asset Management LLC owned 0.07% of iShares Floating Rate Bond ETF worth $6,241,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FLOT. Focus Partners Wealth raised its position in shares of iShares Floating Rate Bond ETF by 8.9% during the first quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock worth $678,000 after acquiring an additional 1,088 shares during the last quarter. Diversify Wealth Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 70.3% in the second quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock valued at $606,000 after acquiring an additional 4,907 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in iShares Floating Rate Bond ETF by 5.8% in the second quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock worth $2,732,000 after purchasing an additional 2,934 shares during the period. Raymond James Financial Inc. increased its position in iShares Floating Rate Bond ETF by 13.7% in the second quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock worth $57,364,000 after purchasing an additional 135,488 shares during the period. Finally, Ausdal Financial Partners Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 30.6% during the second quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock worth $1,138,000 after buying an additional 5,231 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $51.00 on Monday. The business’s fifty day moving average is $50.95 and its 200-day moving average is $50.92. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09.

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.