iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.9% in the 4th quarter, Holdings Channel reports. The firm owned 129,348 shares of the company’s stock after purchasing an additional 3,682 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,581,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings 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 buying an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Floating Rate Bond ETF by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after acquiring an additional 502 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in iShares Floating Rate Bond ETF by 55.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock valued at $2,399,000 after acquiring an additional 16,856 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in iShares Floating Rate Bond ETF by 14.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock valued at $5,294,000 after acquiring an additional 12,859 shares during the last quarter. Finally, Atria Investments Inc lifted its stake in iShares Floating Rate Bond ETF by 65.0% in the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after purchasing an additional 5,979 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.91 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’s 50 day simple moving average is $50.98 and its 200-day simple moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a $0.1912 dividend. The ex-dividend date is 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.