Regal Investment Advisors LLC Grows Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Regal Investment Advisors LLC boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,980 shares of the company’s stock after purchasing an additional 5,638 shares during the period. Regal Investment Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,527,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blueprint Investment Partners LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $824,000. Principal Financial Group Inc. increased its position in iShares Floating Rate Bond ETF by 61.8% during the fourth 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 last quarter. Jones Financial Companies Lllp lifted its holdings 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 valued at $978,000 after acquiring an additional 9,287 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Floating Rate Bond ETF by 15.2% in 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 stake in shares of iShares Floating Rate Bond ETF by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock valued at $1,276,000 after purchasing an additional 502 shares during the period.

iShares Floating Rate Bond ETF Stock Down 1.0 %

BATS FLOT opened at $50.49 on Tuesday. The company has a 50-day moving average price of $50.87 and a 200-day moving average price of $50.92. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1912 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Floating Rate Bond ETF Company Profile

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.