Captrust Financial Advisors Boosts Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Captrust Financial Advisors increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 417,865 shares of the company’s stock after purchasing an additional 31,216 shares during the quarter. Captrust Financial Advisors’ holdings in iShares Floating Rate Bond ETF were worth $21,261,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Demars Financial Group LLC lifted its stake in iShares Floating Rate Bond ETF by 5,019.0% during the 4th quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock valued at $1,935,446,000 after acquiring an additional 37,296,320 shares during the period. Proficio Capital Partners LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 2,108.2% during the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after purchasing an additional 4,347,920 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at $43,863,000. JPMorgan Chase & Co. boosted its holdings in iShares Floating Rate Bond ETF by 103.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,414,905 shares of the company’s stock valued at $71,990,000 after purchasing an additional 719,584 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in iShares Floating Rate Bond ETF by 21.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,658,917 shares of the company’s stock worth $135,286,000 after purchasing an additional 470,630 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.4 %

BATS FLOT opened at $50.76 on Wednesday. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.34. The stock has a 50-day simple moving average of $50.80 and a two-hundred day simple moving average of $50.91.

iShares Floating Rate Bond ETF Cuts Dividend

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