iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2,108.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,554,163 shares of the company’s stock after buying an additional 4,347,920 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $231,716,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FLOT. Franklin Resources Inc. grew its stake in shares of 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 worth $240,430,000 after purchasing an additional 1,118,243 shares during the last quarter. US Bancorp DE grew its stake in shares of iShares Floating Rate Bond ETF by 143.8% in the 3rd quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after purchasing an additional 368,596 shares during the last quarter. New York Life Investment Management LLC grew its stake in shares of 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 worth $155,445,000 after purchasing an additional 347,836 shares during the last quarter. Hartline Investment Corp grew its stake in shares of iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock worth $36,696,000 after purchasing an additional 322,286 shares during the last quarter. Finally, Mutual Advisors LLC grew its stake in shares of iShares Floating Rate Bond ETF by 880.7% in the 4th quarter. Mutual Advisors LLC now owns 249,801 shares of the company’s stock worth $12,740,000 after purchasing an additional 224,329 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.2 %

Shares of FLOT opened at $51.07 on Thursday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The company has a 50-day moving average of $50.96 and a two-hundred day moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced 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 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.