Pettyjohn Wood & White Inc. Cuts Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Pettyjohn Wood & White Inc. decreased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,716 shares of the company’s stock after selling 500 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in iShares Floating Rate Bond ETF were worth $596,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted its position in iShares Floating Rate Bond ETF by 2,108.2% during the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after purchasing an additional 4,347,920 shares in the last quarter. New York Life Investment Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 12.8% in 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. Bank of New York Mellon Corp grew its stake in iShares Floating Rate Bond ETF by 21.5% in the 4th quarter. Bank of New York Mellon Corp now owns 40,060 shares of the company’s stock valued at $2,038,000 after acquiring an additional 7,099 shares during the last quarter. Sierra Capital LLC increased its holdings in iShares Floating Rate Bond ETF by 66.8% during the 4th quarter. Sierra Capital LLC now owns 173,747 shares of the company’s stock valued at $8,840,000 after acquiring an additional 69,599 shares in the last quarter. Finally, Wrapmanager Inc. raised its position in iShares Floating Rate Bond ETF by 16.8% during the fourth quarter. Wrapmanager Inc. now owns 53,483 shares of the company’s stock worth $2,721,000 after acquiring an additional 7,689 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $51.07 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The stock has a fifty day moving average of $50.96 and a two-hundred day moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2021 dividend. The ex-dividend date 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.