Impact Capital Partners LLC Makes New Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

Impact Capital Partners LLC purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 89,346 shares of the company’s stock, valued at approximately $4,546,000. iShares Floating Rate Bond ETF comprises 1.6% of Impact Capital Partners LLC’s holdings, making the stock its 9th largest holding. Impact Capital Partners LLC owned 0.06% of iShares Floating Rate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of FLOT. Atria Investments Inc boosted its holdings in iShares Floating Rate Bond ETF by 65.0% in the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after purchasing an additional 5,979 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in shares of iShares Floating Rate Bond ETF by 19.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 25,465 shares of the company’s stock valued at $1,300,000 after purchasing an additional 4,080 shares during the last quarter. Harbour Investments Inc. boosted its stake in iShares Floating Rate Bond ETF by 8.3% during the third quarter. Harbour Investments Inc. now owns 20,349 shares of the company’s stock worth $1,039,000 after acquiring an additional 1,554 shares in the last quarter. First Heartland Consultants Inc. raised its holdings in iShares Floating Rate Bond ETF by 10.5% during the third quarter. First Heartland Consultants Inc. now owns 8,514 shares of the company’s stock worth $435,000 after buying an additional 809 shares during the last quarter. Finally, Haverford Trust Co raised its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the third 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 Stock Performance

BATS FLOT opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The company has a 50-day simple moving average of $50.98 and a 200 day simple moving average of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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