MRP Capital Investments LLC Has $382,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

MRP Capital Investments LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1,400.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,500 shares of the company’s stock after buying an additional 7,000 shares during the quarter. MRP Capital Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $382,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Principal Financial Group Inc. lifted its stake in iShares Floating Rate Bond ETF by 61.8% during the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock worth $1,671,000 after purchasing an additional 12,550 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in iShares Floating Rate Bond ETF by 93.4% during the fourth quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock worth $978,000 after purchasing an additional 9,287 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Floating Rate Bond ETF by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after purchasing an additional 502 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in iShares Floating Rate Bond ETF by 55.6% during the fourth quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock worth $2,399,000 after purchasing an additional 16,856 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $51.00 on Friday. The business has a fifty 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 fifty-two week low of $50.28 and a fifty-two week high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date was Monday, March 3rd.

About iShares Floating Rate Bond ETF

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.