Transce3nd LLC Acquires Shares of 864 iShares Floating Rate Bond ETF (BATS:FLOT)

Transce3nd LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, Holdings Channel.com reports. The firm bought 864 shares of the company’s stock, valued at approximately $44,000.

Other large investors have also recently modified their holdings of the company. Mcmorgan & Co. LLC raised its stake in shares of iShares Floating Rate Bond ETF by 145.5% during the 4th quarter. Mcmorgan & Co. LLC now owns 700,442 shares of the company’s stock valued at $35,639,000 after purchasing an additional 415,172 shares during the period. MML Investors Services LLC increased its position in shares of iShares Floating Rate Bond ETF by 2.5% during the fourth quarter. MML Investors Services LLC now owns 675,651 shares of the company’s stock valued at $34,377,000 after buying an additional 16,616 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 134.3% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 20,069 shares of the company’s stock worth $1,024,000 after buying an additional 11,503 shares in the last quarter. Cadence Bank boosted its position in shares of iShares Floating Rate Bond ETF by 38.9% in the fourth quarter. Cadence Bank now owns 116,462 shares of the company’s stock valued at $5,926,000 after acquiring an additional 32,598 shares during the period. Finally, Demars Financial Group LLC grew its stake in iShares Floating Rate Bond ETF by 5,019.0% during the fourth quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock valued at $1,935,446,000 after acquiring an additional 37,296,320 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.4 %

BATS FLOT opened at $50.79 on Wednesday. The company’s 50 day simple moving average is $50.85 and its two-hundred day simple moving average is $50.92. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF Company 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.