iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,522 shares of the company’s stock after purchasing an additional 1,719 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,774,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its holdings in iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in iShares Floating Rate Bond ETF by 2,108.2% in the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock valued at $231,716,000 after purchasing an additional 4,347,920 shares in the last quarter. New York Life Investment Management LLC increased its holdings in iShares Floating Rate Bond ETF by 12.8% in the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after purchasing an additional 347,836 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in iShares Floating Rate Bond ETF by 15.6% in the 4th quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock valued at $65,358,000 after purchasing an additional 172,943 shares in the last quarter. Finally, Flputnam Investment Management Co. increased its holdings in iShares Floating Rate Bond ETF by 6.0% in the 4th quarter. Flputnam Investment Management Co. now owns 1,148,745 shares of the company’s stock valued at $58,448,000 after purchasing an additional 65,134 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of BATS FLOT opened at $50.96 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The stock has a fifty day moving average price of $50.99 and a 200 day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid 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.