Addison Advisors LLC Trims Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Addison Advisors LLC lessened its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 36.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,400 shares of the company’s stock after selling 1,380 shares during the period. Addison Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $122,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FLOT. Franklin Resources Inc. lifted its holdings in iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after buying an additional 1,118,243 shares during the last quarter. US Bancorp DE lifted its holdings in iShares Floating Rate Bond ETF by 143.8% during the 3rd quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after buying an additional 368,596 shares during the last quarter. Hartline Investment Corp lifted its holdings in iShares Floating Rate Bond ETF by 80.8% during the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock worth $36,696,000 after buying an additional 322,286 shares during the last quarter. Mutual Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 880.7% during the 4th quarter. Mutual Advisors LLC now owns 249,801 shares of the company’s stock worth $12,740,000 after buying an additional 224,329 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in iShares Floating Rate Bond ETF by 510.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 229,208 shares of the company’s stock worth $11,699,000 after buying an additional 191,633 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.2 %

BATS:FLOT opened at $51.08 on Wednesday. The business’s 50 day moving average is $50.95 and its two-hundred day moving average is $50.95. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2021 dividend. The ex-dividend date of this dividend was Monday, February 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.