iShares Floating Rate Bond ETF (BATS:FLOT) is Hartline Investment Corp’s 7th Largest Position

Hartline Investment Corp boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 80.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 721,221 shares of the company’s stock after purchasing an additional 322,286 shares during the period. iShares Floating Rate Bond ETF comprises about 4.2% of Hartline Investment Corp’s portfolio, making the stock its 7th biggest holding. Hartline Investment Corp’s holdings in iShares Floating Rate Bond ETF were worth $36,696,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FLOT. JPMorgan Chase & Co. raised its stake in shares of 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 period. Wealth Enhancement Advisory Services LLC increased its holdings in iShares Floating Rate Bond ETF by 2.0% in the 4th 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 raised its stake in iShares Floating Rate Bond ETF by 55.6% in 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 during the period. Sanctuary Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 14.2% during the third 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 during the last quarter. Finally, Atria Investments Inc boosted its position in iShares Floating Rate Bond ETF by 65.0% during the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after purchasing an additional 5,979 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.1 %

FLOT opened at $50.95 on Tuesday. The firm has a 50-day moving average price of $50.94 and a 200-day moving average price of $50.94. 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 firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2021 dividend. The ex-dividend date of this dividend was 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.