SageView Advisory Group LLC Decreases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

SageView Advisory Group LLC lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 24.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,795 shares of the company’s stock after selling 1,882 shares during the quarter. SageView Advisory Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $295,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Haverford Financial Services Inc. raised its position in shares of iShares Floating Rate Bond ETF by 3.6% during the 4th quarter. Haverford Financial Services Inc. now owns 5,962 shares of the company’s stock worth $302,000 after acquiring an additional 208 shares in the last quarter. IPG Investment Advisors LLC lifted its position in shares of iShares Floating Rate Bond ETF by 6.7% during the 4th quarter. IPG Investment Advisors LLC now owns 4,900 shares of the company’s stock worth $248,000 after buying an additional 307 shares during the last quarter. Revisor Wealth Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 7.8% in the 4th quarter. Revisor Wealth Management LLC now owns 4,778 shares of the company’s stock valued at $242,000 after buying an additional 344 shares in the last quarter. Providence Capital Advisors LLC grew its position in shares of iShares Floating Rate Bond ETF by 0.9% in the 3rd quarter. Providence Capital Advisors LLC now owns 40,526 shares of the company’s stock valued at $2,062,000 after buying an additional 368 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its stake in iShares Floating Rate Bond ETF by 0.8% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 46,945 shares of the company’s stock worth $2,389,000 after acquiring an additional 383 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.02 on Friday. The firm has a fifty day moving average price of $51.00 and a 200 day moving average price of $50.88. 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 Increases Dividend

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

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.