Jaffetilchin Investment Partners LLC Has $1.55 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Jaffetilchin Investment Partners LLC raised its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% in the 4th quarter, Holdings Channel reports. The firm owned 30,549 shares of the company’s stock after buying an additional 434 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,554,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in iShares Floating Rate Bond ETF by 512.0% during the third quarter. Jane Street Group LLC now owns 170,862 shares of the company’s stock worth $8,721,000 after acquiring an additional 142,943 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its position in shares of iShares Floating Rate Bond ETF by 1.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after purchasing an additional 214 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 14.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock valued at $5,294,000 after purchasing an additional 12,859 shares in the last quarter. World Investment Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $578,000. Finally, Destination Wealth Management increased its stake in iShares Floating Rate Bond ETF by 2.3% during the 3rd quarter. Destination Wealth Management now owns 474,747 shares of the company’s stock worth $24,231,000 after purchasing an additional 10,591 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.35 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The company’s 50 day moving average price is $50.88 and its two-hundred day moving average price is $50.93.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given 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.