ARK & TLK Investments LLC Buys 21,281 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

ARK & TLK Investments LLC increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 371.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,017 shares of the company’s stock after purchasing an additional 21,281 shares during the period. ARK & TLK Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,375,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Continental Investors Services Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 2.6% in the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after buying an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in iShares Floating Rate Bond ETF by 1.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after acquiring an additional 214 shares during the last quarter. Y.D. More Investments Ltd lifted its position in iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after acquiring an additional 250 shares in the last quarter. Legacy Capital Wealth Partners LLC boosted its stake in iShares Floating Rate Bond ETF by 0.5% during the 4th quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock valued at $2,659,000 after purchasing an additional 255 shares during the last quarter. Finally, Sanctuary Wealth Management L.L.C. boosted its stake in iShares Floating Rate Bond ETF by 20.0% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 1,598 shares of the company’s stock valued at $81,000 after purchasing an additional 266 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.28 and a 1-year high of $51.16. The business has a fifty day moving average price of $51.00 and a 200-day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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