Integrated Advisors Network LLC Sells 34,802 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Integrated Advisors Network LLC lessened its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 73.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,651 shares of the company’s stock after selling 34,802 shares during the period. Integrated Advisors Network LLC’s holdings in iShares Floating Rate Bond ETF were worth $640,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FLOT. SouthState Corp bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $32,000. Planned Solutions Inc. bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $33,000. SRS Capital Advisors Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 444.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 801 shares of the company’s stock valued at $41,000 after purchasing an additional 654 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in shares of iShares Floating Rate Bond ETF by 64.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock valued at $71,000 after purchasing an additional 550 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $73,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.01 on Tuesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm has a 50-day moving average of $50.99 and a 200 day moving average of $50.88.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.2589 per share. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.26. The ex-dividend date was Monday, June 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.