iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Y.D. More Investments Ltd

Y.D. More Investments Ltd boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.2% in the 4th quarter, Holdings Channel reports. The firm owned 21,150 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Y.D. More Investments Ltd’s holdings in iShares Floating Rate Bond ETF were worth $1,076,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Franklin Resources Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after acquiring an additional 1,118,243 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 15.6% in the fourth quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock valued at $65,358,000 after purchasing an additional 172,943 shares during the period. Haverford Trust Co boosted its position in iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after buying an additional 16,112 shares during the period. Demars Financial Group LLC increased its holdings in iShares Floating Rate Bond ETF by 0.9% during the 3rd quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock worth $37,928,000 after purchasing an additional 6,805 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings 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 valued at $35,489,000 after buying an additional 91,686 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.94 on Wednesday. The company’s 50 day moving average is $50.95 and its two-hundred day moving average is $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a $0.2021 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

iShares Floating Rate Bond ETF 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.