iShares Floating Rate Bond ETF (BATS:FLOT) Position Increased by Flputnam Investment Management Co.

Flputnam Investment Management Co. lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,148,745 shares of the company’s stock after acquiring an additional 65,134 shares during the period. iShares Floating Rate Bond ETF comprises approximately 1.1% of Flputnam Investment Management Co.’s holdings, making the stock its 17th largest position. Flputnam Investment Management Co. owned approximately 0.80% of iShares Floating Rate Bond ETF worth $58,448,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Proficio Capital Partners LLC boosted its position in iShares Floating Rate Bond ETF by 2,108.2% during the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares during the period. Franklin Resources Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 31.0% in the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. US Bancorp DE boosted its holdings in shares of iShares Floating Rate Bond ETF by 143.8% during the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after purchasing an additional 368,596 shares during the period. New York Life Investment Management LLC grew its position in iShares Floating Rate Bond ETF by 12.8% during the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after purchasing an additional 347,836 shares in the last quarter. Finally, Hartline Investment Corp increased its stake in iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after buying an additional 322,286 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $51.10 on Friday. The firm has a fifty day moving average of $50.97 and a two-hundred day moving average of $50.96. 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 company 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 of this dividend was Monday, February 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.