iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Colonial Trust Advisors

Colonial Trust Advisors lifted its holdings in shares of 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 243,175 shares of the company’s stock after buying an additional 4,992 shares during the period. iShares Floating Rate Bond ETF accounts for approximately 1.1% of Colonial Trust Advisors’ holdings, making the stock its 28th biggest position. Colonial Trust Advisors owned 0.17% of iShares Floating Rate Bond ETF worth $12,373,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. lifted its stake in iShares Floating Rate Bond ETF by 31.0% during the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of 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 during the last quarter. LPL Financial LLC increased its stake in shares of iShares Floating Rate Bond ETF by 4.4% during the 4th quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after purchasing an additional 149,228 shares during the last quarter. New York Life Investment Management LLC increased its stake in shares of 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 during the last quarter. Finally, Wells Fargo & Company MN grew its stake in iShares Floating Rate Bond ETF by 21.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,658,917 shares of the company’s stock valued at $135,286,000 after buying an additional 470,630 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.6 %

BATS:FLOT opened at $50.67 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The firm’s fifty day simple moving average is $50.90 and its 200 day simple moving average is $50.94.

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 issued a dividend of $0.1912 per share. 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.