iShares Floating Rate Bond ETF (BATS:FLOT) Shares Bought by Carmel Capital Partners LLC

Carmel Capital Partners LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 28.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 242,552 shares of the company’s stock after buying an additional 53,674 shares during the period. iShares Floating Rate Bond ETF accounts for approximately 5.0% of Carmel Capital Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Carmel Capital Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $12,341,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Proficio Capital Partners LLC lifted its position in shares of iShares Floating Rate Bond ETF by 2,108.2% during the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after buying an additional 4,347,920 shares in the last quarter. Franklin Resources Inc. lifted its position 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 buying an additional 1,118,243 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth approximately $43,863,000. New York Life Investment Management LLC lifted its position in shares of iShares Floating Rate Bond ETF by 12.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after buying an additional 347,836 shares in the last quarter. Finally, Hartline Investment Corp lifted its position in shares of iShares Floating Rate Bond ETF by 80.8% during the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock worth $36,696,000 after buying an additional 322,286 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.1 %

BATS:FLOT opened at $50.91 on Thursday. The firm’s 50 day moving average is $50.98 and its 200 day moving average is $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

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