Advyzon Investment Management LLC Buys Shares of 5,152 iShares Floating Rate Bond ETF (BATS:FLOT)

Advyzon Investment Management LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,152 shares of the company’s stock, valued at approximately $262,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLOT. Continental Investors Services Inc. increased its holdings in 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 worth $401,000 after buying an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in shares of iShares Floating Rate Bond ETF by 1.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after acquiring an additional 214 shares during the last quarter. Y.D. More Investments Ltd grew its stake in shares of iShares Floating Rate Bond ETF by 1.2% in the fourth 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 during the period. Legacy Capital Wealth Partners LLC grew its stake in shares of 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 worth $2,659,000 after acquiring an additional 255 shares during the period. Finally, Flagstar Advisors Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after purchasing an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The firm’s 50 day moving average is $50.95 and its 200 day moving average is $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

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