Financial Counselors Inc. Sells 20,886 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Financial Counselors Inc. lessened its position in iShares Floating Rate Bond ETF (BATS:FLOTFree Report) by 83.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,020 shares of the company’s stock after selling 20,886 shares during the quarter. Financial Counselors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $205,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blueprint Investment Partners LLC bought a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth about $824,000. Principal Financial Group Inc. boosted its holdings in iShares Floating Rate Bond ETF by 61.8% during the 4th quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after acquiring an additional 12,550 shares during the period. Jones Financial Companies Lllp increased its stake in iShares Floating Rate Bond ETF by 93.4% in the fourth quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock worth $978,000 after purchasing an additional 9,287 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after purchasing an additional 502 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $51.05 on Friday. The firm has a 50-day moving average of $51.00 and a two-hundred day moving average of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.28 and a 1 year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF Profile

(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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