Prevail Innovative Wealth Advisors LLC Acquires New Shares in iShares Floating Rate Bond ETF (BATS:FLOT)

Prevail Innovative Wealth Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,662 shares of the company’s stock, valued at approximately $644,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Logan Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth $25,000. Boyd Watterson Asset Management LLC OH lifted its stake in iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after acquiring an additional 967 shares in the last quarter. Sanctuary Wealth Management L.L.C. lifted its stake in iShares Floating Rate Bond ETF by 20.0% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 1,598 shares of the company’s stock worth $81,000 after acquiring an additional 266 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF during the 4th quarter valued at about $100,000. Finally, Marshall Investment Management LLC acquired a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at about $117,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of BATS:FLOT opened at $51.05 on Friday. The firm’s 50-day moving average is $51.00 and its two-hundred day moving average is $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.28 and a 1 year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The firm 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 of this dividend was 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.