iShares Floating Rate Bond ETF (BATS:FLOT) Position Boosted by HighTower Advisors LLC

HighTower Advisors LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 43.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 465,264 shares of the company’s stock after purchasing an additional 141,391 shares during the period. HighTower Advisors LLC owned 0.32% of iShares Floating Rate Bond ETF worth $23,673,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atria Investments Inc increased its holdings in shares of iShares Floating Rate Bond ETF by 65.0% in the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after acquiring an additional 5,979 shares during the last quarter. Harbour Investments Inc. boosted its holdings in iShares Floating Rate Bond ETF by 8.3% in the third quarter. Harbour Investments Inc. now owns 20,349 shares of the company’s stock worth $1,039,000 after purchasing an additional 1,554 shares during the period. Lifeworks Advisors LLC increased its stake in iShares Floating Rate Bond ETF by 13.5% during the third quarter. Lifeworks Advisors LLC now owns 4,453 shares of the company’s stock valued at $227,000 after purchasing an additional 531 shares during the last quarter. OneDigital Investment Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 17.5% during the third quarter. OneDigital Investment Advisors LLC now owns 317,958 shares of the company’s stock worth $16,229,000 after purchasing an additional 47,444 shares during the period. Finally, Coastline Trust Co bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $352,000.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS:FLOT opened at $50.96 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 firm has a 50-day simple moving average of $50.99 and a 200 day simple moving average of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1912 per share. The ex-dividend date was 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.