Lifeworks Advisors LLC Sells 421 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Lifeworks Advisors LLC cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 9.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,032 shares of the company’s stock after selling 421 shares during the period. Lifeworks Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $205,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jackson Creek Investment Advisors LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 7.5% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 25,340 shares of the company’s stock valued at $1,289,000 after purchasing an additional 1,766 shares during the last quarter. Destination Wealth Management lifted its holdings in iShares Floating Rate Bond ETF by 1.1% in the fourth quarter. Destination Wealth Management now owns 479,833 shares of the company’s stock valued at $24,414,000 after buying an additional 5,086 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at $728,000. Ethos Financial Group LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth about $352,000. Finally, Carmel Capital Partners LLC raised its position in shares of iShares Floating Rate Bond ETF by 28.4% in the 4th quarter. Carmel Capital Partners LLC now owns 242,552 shares of the company’s stock worth $12,341,000 after acquiring an additional 53,674 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Monday. The stock’s 50-day moving average is $50.98 and its 200 day moving average is $50.96. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

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.

About iShares Floating Rate Bond ETF

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.