Flagstar Advisors Inc. Purchases 459 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Flagstar Advisors Inc. increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,766 shares of the company’s stock after acquiring an additional 459 shares during the period. Flagstar Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,158,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Global Retirement Partners LLC boosted its position in shares of iShares Floating Rate Bond ETF by 9.3% during the fourth quarter. Global Retirement Partners LLC now owns 41,251 shares of the company’s stock valued at $2,099,000 after buying an additional 3,524 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in shares of iShares Floating Rate Bond ETF by 195.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 31,989 shares of the company’s stock valued at $1,628,000 after buying an additional 21,159 shares during the period. Truist Financial Corp lifted its holdings in iShares Floating Rate Bond ETF by 16.9% in the fourth quarter. Truist Financial Corp now owns 1,030,346 shares of the company’s stock valued at $52,424,000 after acquiring an additional 148,673 shares during the period. Ifrah Financial Services Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 2.0% in the fourth quarter. Ifrah Financial Services Inc. now owns 218,873 shares of the company’s stock worth $11,136,000 after buying an additional 4,390 shares during the last quarter. Finally, NTV Asset Management LLC grew its position in iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. NTV Asset Management LLC now owns 28,706 shares of the company’s stock valued at $1,461,000 after buying an additional 382 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of BATS:FLOT opened at $51.02 on Wednesday. The stock has a 50 day moving average of $50.95 and a 200 day moving average of $50.94. 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 Cuts Dividend

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