Kraft Davis & Associates LLC Has $389,000 Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Kraft Davis & Associates LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,635 shares of the company’s stock after selling 1,715 shares during the quarter. Kraft Davis & Associates LLC’s holdings in iShares Floating Rate Bond ETF were worth $389,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cape Cod Five Cents Savings Bank increased its holdings in shares of iShares Floating Rate Bond ETF by 103.7% during the third quarter. Cape Cod Five Cents Savings Bank now owns 840,858 shares of the company’s stock valued at $42,791,000 after acquiring an additional 427,981 shares in the last quarter. Sarasin & Partners LLP bought a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $1,012,000. Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in shares of iShares Floating Rate Bond ETF by 64.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock valued at $71,000 after acquiring an additional 550 shares in the last quarter. Bryn Mawr Capital Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at approximately $607,000. Finally, Carmel Capital Partners LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 21.6% during the third quarter. Carmel Capital Partners LLC now owns 113,098 shares of the company’s stock valued at $5,756,000 after acquiring an additional 20,103 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of BATS FLOT traded down $0.01 during midday trading on Friday, hitting $51.02. 727,390 shares of the stock traded hands. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The business has a 50 day moving average price of $50.94 and a two-hundred day moving average price of $50.80.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2559 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.