D.A. Davidson & CO. Has $2.27 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

D.A. Davidson & CO. trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 44,647 shares of the company’s stock after selling 1,835 shares during the period. D.A. Davidson & CO.’s holdings in iShares Floating Rate Bond ETF were worth $2,272,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Continental Investors Services Inc. grew its stake in iShares Floating Rate Bond ETF by 2.6% during the third 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 lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after acquiring an additional 214 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings 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 last quarter. Legacy Capital Wealth Partners LLC lifted its holdings 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 last quarter. Finally, Flagstar Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after acquiring an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

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 has a 50-day moving average price of $50.95 and a 200-day moving average price of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

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