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

SSI Investment Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 92,504 shares of the company’s stock after purchasing an additional 1,565 shares during the period. SSI Investment Management LLC owned approximately 0.06% of iShares Floating Rate Bond ETF worth $4,707,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of 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 purchasing an additional 12,550 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Floating Rate Bond ETF by 93.4% during 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 in the last quarter. JPMorgan Chase & Co. increased its position 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 valued at $35,489,000 after acquiring an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of 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 valued at $1,276,000 after acquiring an additional 502 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 55.6% during the fourth 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.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $50.98 on Tuesday. The firm has a 50 day moving average of $50.99 and a 200 day moving average of $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.28 and a twelve month high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

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