iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 199.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,945 shares of the company’s stock after purchasing an additional 5,288 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares Floating Rate Bond ETF were worth $404,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 31.0% in the third 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 in the last quarter. Proficio Capital Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares in the last quarter. New York Life Investment Management LLC grew its stake in shares of iShares Floating Rate Bond ETF by 12.8% in the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after acquiring an additional 347,836 shares in the last quarter. Glenview Trust co grew its stake in shares of iShares Floating Rate Bond ETF by 5.3% in the fourth quarter. Glenview Trust co now owns 2,431,678 shares of the company’s stock worth $123,724,000 after acquiring an additional 123,112 shares in the last quarter. Finally, DAVENPORT & Co LLC grew 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 worth $65,358,000 after acquiring an additional 172,943 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.99 on Wednesday. The company has a fifty day simple moving average of $50.99 and a two-hundred day simple moving average of $50.95. iShares Floating Rate Bond ETF has a 52 week low of $50.28 and a 52 week high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date 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.