Penobscot Investment Management Company Inc. Reduces Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Penobscot Investment Management Company Inc. lessened its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 59,418 shares of the company’s stock after selling 200 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares Floating Rate Bond ETF were worth $3,026,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. boosted its holdings in iShares Floating Rate Bond ETF by 2,954.5% during the second quarter. Bedel Financial Consulting Inc. now owns 672 shares of the company’s stock worth $34,000 after buying an additional 650 shares in the last quarter. Global Wealth Management Investment Advisory Inc. purchased a new stake in iShares Floating Rate Bond ETF during the first quarter worth $49,000. Coastal Capital Group Inc. purchased a new stake in iShares Floating Rate Bond ETF during the second quarter worth $50,000. Signaturefd LLC boosted its holdings in iShares Floating Rate Bond ETF by 289.0% during the first quarter. Signaturefd LLC now owns 1,058 shares of the company’s stock worth $54,000 after buying an additional 786 shares in the last quarter. Finally, Spence Asset Management purchased a new stake in iShares Floating Rate Bond ETF during the second quarter worth $65,000.

BATS FLOT traded up $0.01 during mid-day trading on Friday, reaching $50.84. 509,434 shares of the stock were exchanged. The business’s 50 day moving average is $50.88 and its 200-day moving average is $50.84. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

Read More: What is a Candlestick Chart?

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

Receive News & Ratings for iShares Floating Rate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.