iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 20.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,707 shares of the company’s stock after selling 8,748 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,715,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Continental Investors Services Inc. increased its position in shares of iShares Floating Rate Bond ETF by 2.6% in the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after purchasing an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in shares of iShares Floating Rate Bond ETF by 1.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after buying an additional 214 shares during the last quarter. Y.D. More Investments Ltd raised its stake in iShares Floating Rate Bond ETF by 1.2% during the 4th quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock worth $1,076,000 after acquiring an additional 250 shares in the last quarter. Legacy Capital Wealth Partners LLC lifted its position in iShares Floating Rate Bond ETF by 0.5% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock valued at $2,659,000 after acquiring an additional 255 shares during the last quarter. Finally, Kanawha Capital Management LLC boosted its stake in iShares Floating Rate Bond ETF by 1.3% in the fourth quarter. Kanawha Capital Management LLC now owns 26,714 shares of the company’s stock valued at $1,359,000 after acquiring an additional 347 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.2 %

FLOT opened at $50.88 on Thursday. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16. The business’s 50-day simple moving average is $50.99 and its 200-day simple moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF Company 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.