Regal Investment Advisors LLC Increases Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Regal Investment Advisors LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 88,980 shares of the company’s stock after buying an additional 5,638 shares during the quarter. Regal Investment Advisors LLC owned approximately 0.06% of iShares Floating Rate Bond ETF worth $4,527,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Logan Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF in the third quarter worth about $25,000. Headlands Technologies LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter worth approximately $57,000. Boyd Watterson Asset Management LLC OH lifted its stake 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 purchasing an additional 967 shares during the period. Sanctuary Wealth Management L.L.C. boosted its position in shares of iShares Floating Rate Bond ETF by 20.0% during the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 1,598 shares of the company’s stock valued at $81,000 after purchasing an additional 266 shares in the last quarter. Finally, Front Row Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 14.1% in the fourth quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock worth $82,000 after purchasing an additional 200 shares during the period.

iShares Floating Rate Bond ETF Trading Down 1.0 %

FLOT opened at $50.49 on Tuesday. The stock has a fifty day simple moving average of $50.87 and a two-hundred day simple moving average of $50.92. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date of this dividend 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.