Steward Partners Investment Advisory LLC Increases Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Steward Partners Investment Advisory LLC boosted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 129,348 shares of the company’s stock after buying an additional 3,682 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.09% of iShares Floating Rate Bond ETF worth $6,581,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in shares of iShares Floating Rate Bond ETF by 9.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 223,967 shares of the company’s stock valued at $11,431,000 after purchasing an additional 19,449 shares in the last quarter. Avidian Wealth Enterprises LLC grew its holdings in iShares Floating Rate Bond ETF by 2.5% in the third quarter. Avidian Wealth Enterprises LLC now owns 16,721 shares of the company’s stock valued at $853,000 after purchasing an additional 400 shares during the period. Callahan Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 109.0% in the third quarter. Callahan Advisors LLC now owns 33,662 shares of the company’s stock valued at $1,718,000 after buying an additional 17,554 shares in the last quarter. Advisor Resource Council raised its stake in shares of iShares Floating Rate Bond ETF by 78.5% during the 3rd quarter. Advisor Resource Council now owns 37,974 shares of the company’s stock worth $1,938,000 after buying an additional 16,698 shares during the period. Finally, Carmel Capital Partners LLC raised its stake in shares of iShares Floating Rate Bond ETF by 13.5% during the 3rd quarter. Carmel Capital Partners LLC now owns 188,878 shares of the company’s stock worth $9,640,000 after buying an additional 22,477 shares during the period.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.91 on Thursday. The company’s fifty day moving average price is $50.98 and its 200 day moving average price is $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a $0.1912 dividend. The ex-dividend date is 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.