AlphaStar Capital Management LLC Grows Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

AlphaStar Capital Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 27.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,218 shares of the company’s stock after purchasing an additional 10,229 shares during the period. AlphaStar Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,402,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Watts Gwilliam & Co. LLC purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $372,000. Concourse Financial Group Securities Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 11.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 8,566 shares of the company’s stock valued at $437,000 after buying an additional 907 shares during the last quarter. Koshinski Asset Management Inc. increased its position in shares of iShares Floating Rate Bond ETF by 7.9% in the 3rd quarter. Koshinski Asset Management Inc. now owns 4,773 shares of the company’s stock valued at $244,000 after acquiring an additional 350 shares during the period. Webster Bank N. A. increased its position in shares of iShares Floating Rate Bond ETF by 420.8% in the 3rd quarter. Webster Bank N. A. now owns 15,409 shares of the company’s stock valued at $786,000 after acquiring an additional 12,450 shares during the period. Finally, Occidental Asset Management LLC raised its stake in iShares Floating Rate Bond ETF by 4.0% in the 3rd quarter. Occidental Asset Management LLC now owns 254,162 shares of the company’s stock worth $12,972,000 after acquiring an additional 9,795 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

iShares Floating Rate Bond ETF stock opened at $50.96 on Friday. The business’s 50-day simple moving average is $50.94 and its two-hundred day simple moving average is $50.95. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2021 dividend. 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.