Flavin Financial Services Inc. Purchases New Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Flavin Financial Services Inc. purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,153 shares of the company’s stock, valued at approximately $720,000.

A number of other institutional investors have also recently modified their holdings of the business. Continental Investors Services Inc. raised its holdings in iShares Floating Rate Bond ETF by 2.6% during the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after purchasing an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in shares of iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after purchasing an additional 214 shares during the period. Western Financial Corp CA grew its position in shares of iShares Floating Rate Bond ETF by 1.9% in the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after purchasing an additional 256 shares during the period. Flagstar Advisors Inc. grew its position in shares of iShares Floating Rate Bond ETF by 1.4% in the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after purchasing an additional 315 shares during the period. Finally, Summit Wealth Partners LLC grew its position in shares of iShares Floating Rate Bond ETF by 7.6% in the third quarter. Summit Wealth Partners LLC now owns 4,492 shares of the company’s stock valued at $229,000 after purchasing an additional 316 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.1 %

Shares of BATS:FLOT opened at $50.91 on Tuesday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The business has a fifty day simple moving average of $50.95 and a 200-day simple moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.2021 per share. The ex-dividend date of this dividend is Monday, February 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.