Global Retirement Partners LLC Increases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Global Retirement Partners LLC grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 9.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 41,251 shares of the company’s stock after buying an additional 3,524 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,099,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in iShares Floating Rate Bond ETF by 195.4% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 31,989 shares of the company’s stock worth $1,628,000 after purchasing an additional 21,159 shares during the last quarter. Truist Financial Corp lifted its stake in iShares Floating Rate Bond ETF by 16.9% during the fourth quarter. Truist Financial Corp now owns 1,030,346 shares of the company’s stock worth $52,424,000 after purchasing an additional 148,673 shares during the last quarter. Ifrah Financial Services Inc. lifted its stake in iShares Floating Rate Bond ETF by 2.0% during the fourth quarter. Ifrah Financial Services Inc. now owns 218,873 shares of the company’s stock worth $11,136,000 after purchasing an additional 4,390 shares during the last quarter. NTV Asset Management LLC lifted its stake in iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. NTV Asset Management LLC now owns 28,706 shares of the company’s stock worth $1,461,000 after purchasing an additional 382 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 12.0% during the fourth quarter. Sanctuary Advisors LLC now owns 116,157 shares of the company’s stock worth $5,934,000 after purchasing an additional 12,431 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.05 on Friday. The business has a 50 day moving average price of $50.95 and a 200 day moving average price of $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2021 per share. The ex-dividend date of this dividend was Monday, February 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.