Sovran Advisors LLC Buys Shares of 5,315 iShares Floating Rate Bond ETF (BATS:FLOT)

Sovran Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,315 shares of the company’s stock, valued at approximately $271,000.

Several other large investors have also recently bought and sold shares of the business. Continental Investors Services Inc. lifted its position in iShares Floating Rate Bond ETF by 2.6% in the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after buying an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its stake in shares of iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after acquiring an additional 214 shares during the last quarter. Y.D. More Investments Ltd raised its holdings in shares of iShares Floating Rate Bond ETF by 1.2% during the fourth quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock worth $1,076,000 after acquiring an additional 250 shares in the last quarter. Western Financial Corp CA grew its stake in iShares Floating Rate Bond ETF by 1.9% in the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after purchasing an additional 256 shares in the last quarter. Finally, Flagstar Advisors Inc. increased its position in iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after purchasing an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

FLOT opened at $50.98 on Friday. 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 has a 50-day moving average of $50.94 and a 200-day moving average of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2021 per share. The ex-dividend date 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.