Edgestream Partners L.P. Reduces Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Edgestream Partners L.P. lessened its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 50.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,726 shares of the company’s stock after selling 17,916 shares during the quarter. Edgestream Partners L.P.’s holdings in iShares Floating Rate Bond ETF were worth $906,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Aveo Capital Partners LLC acquired a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at $592,000. Principal Financial Group Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 12.3% in the 4th quarter. Principal Financial Group Inc. now owns 54,975 shares of the company’s stock valued at $2,783,000 after purchasing an additional 6,000 shares during the period. D.A. Davidson & CO. grew its stake in iShares Floating Rate Bond ETF by 6.3% during the 4th quarter. D.A. Davidson & CO. now owns 34,059 shares of the company’s stock worth $1,724,000 after buying an additional 2,025 shares during the last quarter. Orion Portfolio Solutions LLC increased its position in iShares Floating Rate Bond ETF by 49.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 32,921 shares of the company’s stock worth $1,669,000 after buying an additional 10,929 shares during the period. Finally, ProVise Management Group LLC lifted its stake in iShares Floating Rate Bond ETF by 62.9% in the fourth quarter. ProVise Management Group LLC now owns 7,317 shares of the company’s stock valued at $370,000 after buying an additional 2,825 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.98 on Friday. The business has a 50 day simple moving average of $50.94 and a 200-day simple moving average of $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.26 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, September 3rd.

iShares Floating Rate Bond ETF Company 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.