Commonwealth Equity Services LLC Buys 85,928 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Commonwealth Equity Services LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 31.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 358,717 shares of the company’s stock after buying an additional 85,928 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $18,252,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Wintrust Investments LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 21.4% in the fourth quarter. Wintrust Investments LLC now owns 12,901 shares of the company’s stock worth $656,000 after acquiring an additional 2,273 shares during the last quarter. Avantax Advisory Services Inc. increased its position in iShares Floating Rate Bond ETF by 3.3% in the 4th quarter. Avantax Advisory Services Inc. now owns 54,522 shares of the company’s stock valued at $2,774,000 after acquiring an additional 1,719 shares during the period. Liberty Wealth Management LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 99.1% during the fourth quarter. Liberty Wealth Management LLC now owns 10,730 shares of the company’s stock worth $546,000 after purchasing an additional 5,341 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 6.6% during the fourth quarter. Farther Finance Advisors LLC now owns 50,653 shares of the company’s stock worth $2,577,000 after purchasing an additional 3,155 shares during the period. Finally, Knuff & Co LLC increased its holdings in iShares Floating Rate Bond ETF by 15.0% in the fourth quarter. Knuff & Co LLC now owns 8,050 shares of the company’s stock valued at $410,000 after purchasing an additional 1,050 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS:FLOT opened at $50.98 on Tuesday. iShares Floating Rate Bond ETF has a 12-month low of $50.28 and a 12-month high of $51.16. The business has a fifty day simple moving average of $50.99 and a 200 day simple moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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