Eagle Global Advisors LLC Has $2.49 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Eagle Global Advisors LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 48,928 shares of the company’s stock after buying an additional 2,280 shares during the quarter. Eagle Global Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,489,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in iShares Floating Rate Bond ETF by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the last quarter. Spartan Planning & Wealth Management bought a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $784,000. Weaver Consulting Group increased its stake in shares of iShares Floating Rate Bond ETF by 7.4% during the 4th quarter. Weaver Consulting Group now owns 109,896 shares of the company’s stock worth $5,591,000 after purchasing an additional 7,560 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter worth approximately $707,000. Finally, Private Client Services LLC lifted its stake in iShares Floating Rate Bond ETF by 53.8% in the fourth quarter. Private Client Services LLC now owns 6,662 shares of the company’s stock valued at $339,000 after purchasing an additional 2,329 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.4 %

Shares of BATS FLOT opened at $50.76 on Wednesday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The business’s fifty day moving average price is $50.80 and its 200-day moving average price is $50.91.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1912 dividend. 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.