Bleakley Financial Group LLC Acquires 2,097 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Bleakley Financial Group LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,908 shares of the company’s stock after buying an additional 2,097 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,201,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLOT. Y.D. More Investments Ltd grew its stake in iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after buying an additional 250 shares during the last quarter. WJ Wealth Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 204.3% during the fourth quarter. WJ Wealth Management LLC now owns 14,447 shares of the company’s stock valued at $735,000 after acquiring an additional 9,700 shares during the period. Flavin Financial Services Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at about $720,000. Columbus Macro LLC bought a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth about $5,794,000. Finally, Princeton Global Asset Management LLC increased its position in iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. Princeton Global Asset Management LLC now owns 59,753 shares of the company’s stock worth $3,040,000 after buying an additional 787 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.96 on Friday. The company’s fifty day moving average is $50.94 and its two-hundred day moving average is $50.95. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2021 per share. The ex-dividend date was Monday, February 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.