Main Street Financial Solutions LLC Increases Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Main Street Financial Solutions LLC grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,368 shares of the company’s stock after acquiring an additional 215 shares during the period. Main Street Financial Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $477,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in FLOT. Front Row Advisors LLC lifted its position in shares of iShares Floating Rate Bond ETF by 14.1% during 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 in the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in iShares Floating Rate Bond ETF by 1.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after buying an additional 214 shares during the period. Guidance Point Advisors LLC grew its stake in shares of iShares Floating Rate Bond ETF by 1.4% in the fourth quarter. Guidance Point Advisors LLC now owns 16,942 shares of the company’s stock worth $862,000 after acquiring an additional 229 shares in the last quarter. Y.D. More Investments Ltd increased its position in shares of iShares Floating Rate Bond ETF by 1.2% during the fourth quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock worth $1,076,000 after acquiring an additional 250 shares during the period. Finally, Legacy Capital Wealth Partners LLC raised its stake in shares of iShares Floating Rate Bond ETF by 0.5% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock valued at $2,659,000 after acquiring an additional 255 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.76 on Friday. The business has a fifty day moving average price of $50.86 and a 200 day moving average price 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 company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1912 dividend. 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.