Proficio Capital Partners LLC Acquires 20,780 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Proficio Capital Partners LLC raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 227,023 shares of the company’s stock after acquiring an additional 20,780 shares during the quarter. Proficio Capital Partners LLC owned about 0.16% of iShares Floating Rate Bond ETF worth $11,551,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Atria Investments Inc boosted its position in shares of iShares Floating Rate Bond ETF by 53.7% during the fourth quarter. Atria Investments Inc now owns 23,326 shares of the company’s stock worth $1,187,000 after purchasing an additional 8,149 shares in the last quarter. Keybank National Association OH bought a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter worth $592,000. Bard Associates Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 27.9% during the fourth quarter. Bard Associates Inc. now owns 7,740 shares of the company’s stock worth $394,000 after purchasing an additional 1,689 shares in the last quarter. Patten Group Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 54.6% during the fourth quarter. Patten Group Inc. now owns 10,912 shares of the company’s stock worth $555,000 after purchasing an additional 3,854 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of iShares Floating Rate Bond ETF by 2.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 129,348 shares of the company’s stock worth $6,581,000 after purchasing an additional 3,682 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.96 on Friday. The company’s fifty day moving average is $50.99 and its 200-day moving average is $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 Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, March 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.