iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Toews Corp ADV

Toews Corp ADV decreased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 5.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,437 shares of the company’s stock after selling 2,000 shares during the quarter. iShares Floating Rate Bond ETF makes up 1.1% of Toews Corp ADV’s holdings, making the stock its 4th biggest position. Toews Corp ADV’s holdings in iShares Floating Rate Bond ETF were worth $1,854,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Summit Asset Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 26.3% during the 4th quarter. Summit Asset Management LLC now owns 7,783 shares of the company’s stock valued at $396,000 after purchasing an additional 1,619 shares during the last quarter. Marshall Investment Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $117,000. First Horizon Advisors Inc. lifted its holdings in iShares Floating Rate Bond ETF by 42.1% during the 4th quarter. First Horizon Advisors Inc. now owns 10,593 shares of the company’s stock valued at $539,000 after purchasing an additional 3,138 shares during the last quarter. Pinnacle Financial Partners Inc lifted its holdings in iShares Floating Rate Bond ETF by 3.9% during the 4th quarter. Pinnacle Financial Partners Inc now owns 20,168 shares of the company’s stock valued at $1,026,000 after purchasing an additional 751 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $2,673,000.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $51.05 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 stock has a fifty day moving average of $50.95 and a 200-day moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued 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.