iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. cut its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,000 shares of the company’s stock after selling 1,700 shares during the quarter. Mmbg Investment Advisors CO.’s holdings in iShares Floating Rate Bond ETF were worth $763,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Blueprint Investment Partners LLC acquired a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $824,000. Principal Financial Group Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 61.8% during the 4th quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock worth $1,671,000 after buying an additional 12,550 shares during the last quarter. Colonial Trust Advisors boosted its stake in shares of iShares Floating Rate Bond ETF by 2.1% during the fourth quarter. Colonial Trust Advisors now owns 243,175 shares of the company’s stock valued at $12,373,000 after purchasing an additional 4,992 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of 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 worth $978,000 after acquiring an additional 9,287 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of 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 acquiring an additional 502 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.4%

Shares of FLOT stock opened at $50.79 on Monday. iShares Floating Rate Bond ETF has a 52 week low of $49.75 and a 52 week high of $51.34. The firm’s 50-day simple moving average is $50.79 and its two-hundred day simple moving average is $50.90.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared 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 of this dividend was Monday, March 3rd.

About iShares Floating Rate Bond ETF

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.