Leavell Investment Management Inc. Increases Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Leavell Investment Management Inc. grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 28.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 45,903 shares of the company’s stock after acquiring an additional 10,176 shares during the period. Leavell Investment Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FLOT. Concourse Financial Group Securities Inc. boosted its holdings in iShares Floating Rate Bond ETF by 11.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 8,566 shares of the company’s stock valued at $437,000 after acquiring an additional 907 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 7.9% in the 3rd quarter. Koshinski Asset Management Inc. now owns 4,773 shares of the company’s stock worth $244,000 after purchasing an additional 350 shares during the period. Donor Advised Charitable Giving Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 1.5% during the 3rd quarter. Donor Advised Charitable Giving Inc. now owns 27,930 shares of the company’s stock valued at $1,426,000 after purchasing an additional 416 shares in the last quarter. PFG Advisors increased its position in shares of iShares Floating Rate Bond ETF by 3.0% during the third quarter. PFG Advisors now owns 45,728 shares of the company’s stock valued at $2,334,000 after buying an additional 1,334 shares during the period. Finally, Good Life Advisors LLC bought a new position in iShares Floating Rate Bond ETF in the third quarter worth about $276,000.

iShares Floating Rate Bond ETF Trading Down 0.0 %

FLOT stock opened at $50.96 on Thursday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The business’s 50 day moving average price is $50.94 and its two-hundred day moving average price is $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2021 dividend. The ex-dividend date of this dividend was 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.