iShares Floating Rate Bond ETF (BATS:FLOT) Holdings Decreased by Stelac Advisory Services LLC

Stelac Advisory Services LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 23.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,913 shares of the company’s stock after selling 3,975 shares during the quarter. Stelac Advisory Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Atria Investments Inc grew 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 worth $775,000 after buying an additional 5,979 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in iShares Floating Rate Bond ETF by 19.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 25,465 shares of the company’s stock worth $1,300,000 after acquiring an additional 4,080 shares during the period. Harbour Investments Inc. boosted its position in iShares Floating Rate Bond ETF by 8.3% during the 3rd quarter. Harbour Investments Inc. now owns 20,349 shares of the company’s stock worth $1,039,000 after acquiring an additional 1,554 shares during the period. First Heartland Consultants Inc. boosted its position in iShares Floating Rate Bond ETF by 10.5% during the 3rd quarter. First Heartland Consultants Inc. now owns 8,514 shares of the company’s stock worth $435,000 after acquiring an additional 809 shares during the period. Finally, Haverford Trust Co boosted its position in iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after acquiring an additional 16,112 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.1 %

Shares of FLOT stock opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock has a fifty day moving average of $50.98 and a two-hundred day moving average of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1912 dividend. The ex-dividend date was Monday, March 3rd.

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.