Farther Finance Advisors LLC Has $2.58 Million Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Farther Finance Advisors LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,653 shares of the company’s stock after acquiring an additional 3,155 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,577,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FLOT. Franklin Resources Inc. raised its stake in iShares Floating Rate Bond ETF by 31.0% during 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 during the last quarter. Proficio Capital Partners LLC raised its stake in iShares Floating Rate Bond ETF by 2,108.2% during 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 during the last quarter. New York Life Investment Management LLC raised its stake in iShares Floating Rate Bond ETF by 12.8% during 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 during the last quarter. DAVENPORT & Co LLC raised its stake in iShares Floating Rate Bond ETF by 15.6% during 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 during the last quarter. Finally, Haverford Trust Co raised its stake in iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after purchasing an additional 16,112 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.1 %

BATS:FLOT opened at $50.95 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 fifty day moving average price of $50.98 and a 200 day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date 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.