SlateStone Wealth LLC Purchases 2,400 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

SlateStone Wealth LLC boosted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,585 shares of the company’s stock after purchasing an additional 2,400 shares during the period. SlateStone Wealth LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,251,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its holdings in iShares Floating Rate Bond ETF by 31.0% during the 3rd 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. Proficio Capital Partners LLC increased its holdings 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 purchasing an additional 4,347,920 shares in the last quarter. New York Life Investment Management LLC increased its holdings in iShares Floating Rate Bond ETF by 12.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after purchasing an additional 347,836 shares in the last quarter. Glenview Trust co increased its holdings in iShares Floating Rate Bond ETF by 5.3% during the 4th quarter. Glenview Trust co now owns 2,431,678 shares of the company’s stock worth $123,724,000 after purchasing an additional 123,112 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in iShares Floating Rate Bond ETF by 15.6% during the 4th quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock worth $65,358,000 after purchasing an additional 172,943 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

FLOT stock opened at $50.96 on Monday. The stock has a 50-day moving average price of $50.99 and a two-hundred day moving average price of $50.95. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, March 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.