Black Swift Group LLC Acquires 6,945 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Black Swift Group LLC increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 143.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,770 shares of the company’s stock after acquiring an additional 6,945 shares during the period. Black Swift Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $599,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in iShares Floating Rate Bond ETF by 9.5% in the third quarter. Janney Montgomery Scott LLC now owns 223,967 shares of the company’s stock valued at $11,431,000 after purchasing an additional 19,449 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its stake in iShares Floating Rate Bond ETF by 2.5% in the third quarter. Avidian Wealth Enterprises LLC now owns 16,721 shares of the company’s stock valued at $853,000 after purchasing an additional 400 shares during the last quarter. Callahan Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 109.0% in the third quarter. Callahan Advisors LLC now owns 33,662 shares of the company’s stock valued at $1,718,000 after purchasing an additional 17,554 shares during the last quarter. Advisor Resource Council lifted its stake in iShares Floating Rate Bond ETF by 78.5% in the third quarter. Advisor Resource Council now owns 37,974 shares of the company’s stock valued at $1,938,000 after purchasing an additional 16,698 shares during the last quarter. Finally, Carmel Capital Partners LLC lifted its stake in iShares Floating Rate Bond ETF by 13.5% in the third quarter. Carmel Capital Partners LLC now owns 188,878 shares of the company’s stock valued at $9,640,000 after purchasing an additional 22,477 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.1 %

iShares Floating Rate Bond ETF stock opened at $50.91 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The business’s 50 day simple moving average is $50.98 and its 200 day simple moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.1912 dividend. The ex-dividend date is Monday, March 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.