Stifel Financial Corp Cuts Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Stifel Financial Corp reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 382,713 shares of the company’s stock after selling 41,289 shares during the quarter. Stifel Financial Corp owned 0.27% of iShares Floating Rate Bond ETF worth $19,472,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Blueprint Investment Partners LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth about $824,000. Principal Financial Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 61.8% in the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after acquiring an additional 12,550 shares in the last quarter. Colonial Trust Advisors boosted its stake in shares of iShares Floating Rate Bond ETF by 2.1% in the fourth quarter. Colonial Trust Advisors now owns 243,175 shares of the company’s stock worth $12,373,000 after acquiring an additional 4,992 shares during the last quarter. Jones Financial Companies Lllp raised its stake in iShares Floating Rate Bond ETF by 93.4% in the 4th quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock valued at $978,000 after purchasing an additional 9,287 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock valued at $35,489,000 after purchasing an additional 91,686 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.2 %

iShares Floating Rate Bond ETF stock opened at $50.88 on Friday. The company has a fifty day simple moving average of $50.84 and a 200-day simple moving average of $50.91. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date of this dividend 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.