iShares Floating Rate Bond ETF (BATS:FLOT) Holdings Decreased by Essex LLC

Essex LLC lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 19.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,823 shares of the company’s stock after selling 1,700 shares during the period. Essex LLC’s holdings in iShares Floating Rate Bond ETF were worth $347,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FLOT. JPMorgan Chase & Co. raised its position in shares of iShares Floating Rate Bond ETF by 15.2% during 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 period. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Floating Rate Bond ETF by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock valued at $1,276,000 after buying an additional 502 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 14.2% during the third quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock valued at $5,294,000 after buying an additional 12,859 shares in the last quarter. Atria Investments Inc boosted its holdings in shares of iShares Floating Rate Bond ETF by 65.0% in the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after buying an additional 5,979 shares during the period. Finally, TCP Asset Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 15.7% in the third quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock worth $17,693,000 after acquiring an additional 47,061 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.96 on Friday. The firm has a 50 day simple moving average of $50.94 and a 200 day simple moving average of $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 firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2021 dividend. The ex-dividend date of this dividend was Monday, February 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.