Kanawha Capital Management LLC Purchases 347 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Kanawha Capital Management LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 26,714 shares of the company’s stock after acquiring an additional 347 shares during the quarter. Kanawha Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,359,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Concourse Financial Group Securities Inc. lifted its position in iShares Floating Rate Bond ETF by 11.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 8,566 shares of the company’s stock valued at $437,000 after purchasing an additional 907 shares during the last quarter. PFG Advisors lifted its position in iShares Floating Rate Bond ETF by 3.0% during the third quarter. PFG Advisors now owns 45,728 shares of the company’s stock valued at $2,334,000 after purchasing an additional 1,334 shares during the last quarter. Good Life Advisors LLC bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $276,000. Greenup Street Wealth Management LLC lifted its position in iShares Floating Rate Bond ETF by 9.7% during the third quarter. Greenup Street Wealth Management LLC now owns 17,912 shares of the company’s stock valued at $914,000 after purchasing an additional 1,579 shares during the last quarter. Finally, Bleakley Financial Group LLC bought a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $3,104,000.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The company has a 50 day simple moving average of $50.94 and a two-hundred day simple moving average of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed 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 of this dividend 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.