iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by White Pine Capital LLC

White Pine Capital LLC lessened its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 23.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 74,232 shares of the company’s stock after selling 22,617 shares during the quarter. iShares Floating Rate Bond ETF makes up about 1.3% of White Pine Capital LLC’s holdings, making the stock its 13th biggest holding. White Pine Capital LLC owned 0.05% of iShares Floating Rate Bond ETF worth $3,777,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Franklin Resources Inc. increased its stake in iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after buying an additional 1,118,243 shares during the period. US Bancorp DE grew its stake in iShares Floating Rate Bond ETF by 143.8% in the 3rd quarter. US Bancorp DE now owns 624,945 shares of the company’s stock valued at $31,897,000 after buying an additional 368,596 shares during the last quarter. Hartline Investment Corp boosted its holdings in iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after purchasing an additional 322,286 shares during the period. Mutual Advisors LLC boosted its holdings in iShares Floating Rate Bond ETF by 880.7% in the 4th quarter. Mutual Advisors LLC now owns 249,801 shares of the company’s stock valued at $12,740,000 after purchasing an additional 224,329 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares Floating Rate Bond ETF by 510.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 229,208 shares of the company’s stock valued at $11,699,000 after purchasing an additional 191,633 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0 %

BATS:FLOT opened at $50.98 on Friday. The company has a 50-day moving average of $50.94 and a 200-day moving average of $50.94. 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.

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.