Guidance Point Advisors LLC Sells 3,574 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Guidance Point Advisors LLC lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 17.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,078 shares of the company’s stock after selling 3,574 shares during the quarter. Guidance Point Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $26,000. Stonebridge Capital Advisors LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $32,000. First Horizon Advisors Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 195.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 656 shares of the company’s stock valued at $33,000 after buying an additional 434 shares during the last quarter. Planned Solutions Inc. purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $33,000. Finally, Retirement Group LLC lifted its position in shares of iShares Floating Rate Bond ETF by 122.1% during the 2nd quarter. Retirement Group LLC now owns 682 shares of the company’s stock valued at $35,000 after buying an additional 375 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT traded up $0.02 during trading on Wednesday, reaching $50.97. 1,763,165 shares of the company were exchanged. The company’s 50-day moving average is $50.93 and its two-hundred day moving average is $50.80. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2559 per share. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

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.