Transamerica Financial Advisors Inc. Has $2.29 Million Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Transamerica Financial Advisors Inc. reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,006 shares of the company’s stock after selling 373 shares during the period. Transamerica Financial Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,290,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Logan Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF in the third quarter valued at approximately $25,000. Boyd Watterson Asset Management LLC OH increased its position in shares of iShares Floating Rate Bond ETF by 227.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after buying an additional 967 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF during the fourth quarter worth about $100,000. Marshall Investment Management LLC acquired a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $117,000. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 26.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 2,680 shares of the company’s stock worth $136,000 after acquiring an additional 563 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

BATS FLOT opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16. The stock’s 50-day moving average is $51.00 and its 200-day moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1912 per share. The ex-dividend date was Monday, March 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.