Savant Capital LLC Sells 10,957 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Savant Capital LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 52.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,965 shares of the company’s stock after selling 10,957 shares during the period. Savant Capital LLC’s holdings in iShares Floating Rate Bond ETF were worth $507,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Continental Investors Services Inc. grew its position 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 valued at $401,000 after purchasing an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in shares of iShares Floating Rate Bond ETF by 1.5% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after purchasing an additional 214 shares during the last quarter. Y.D. More Investments Ltd grew its position in shares of iShares Floating Rate Bond ETF by 1.2% in the fourth quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after purchasing an additional 250 shares during the last quarter. Western Financial Corp CA grew its position in shares of iShares Floating Rate Bond ETF by 1.9% in the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after purchasing an additional 256 shares during the last quarter. Finally, Flagstar Advisors Inc. grew its position in shares of iShares Floating Rate Bond ETF by 1.4% in the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after purchasing an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of BATS:FLOT opened at $51.01 on Monday. The stock’s 50-day moving average is $50.94 and its 200-day moving average is $50.94. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2021 dividend. The ex-dividend date of this dividend was Monday, February 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.