Willis Johnson & Associates Inc. Sells 139,621 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Willis Johnson & Associates Inc. cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOTFree Report) by 27.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 360,689 shares of the company’s stock after selling 139,621 shares during the quarter. iShares Floating Rate Bond ETF makes up about 1.7% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 14th largest position. Willis Johnson & Associates Inc. owned approximately 0.26% of iShares Floating Rate Bond ETF worth $18,258,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Independent Wealth Network Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 2.9% during the fourth quarter. Independent Wealth Network Inc. now owns 22,998 shares of the company’s stock valued at $1,164,000 after buying an additional 646 shares during the last quarter. Insight Wealth Strategies LLC lifted its position in shares of iShares Floating Rate Bond ETF by 7.0% during the fourth quarter. Insight Wealth Strategies LLC now owns 63,207 shares of the company’s stock valued at $3,200,000 after buying an additional 4,129 shares during the last quarter. Clarity Financial LLC lifted its position in shares of iShares Floating Rate Bond ETF by 19.0% during the fourth quarter. Clarity Financial LLC now owns 27,164 shares of the company’s stock valued at $1,375,000 after buying an additional 4,343 shares during the last quarter. Register Financial Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at about $305,000. Finally, Single Point Partners LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 4.2% during the fourth quarter. Single Point Partners LLC now owns 133,488 shares of the company’s stock valued at $6,757,000 after acquiring an additional 5,399 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The firm’s 50-day moving average price is $50.89 and its 200-day moving average price is $50.78.

About iShares Floating Rate Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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