iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Principal Securities Inc.

Principal Securities Inc. reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 34.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,737 shares of the company’s stock after selling 1,452 shares during the period. Principal Securities Inc.’s holdings in iShares Floating Rate Bond ETF were worth $139,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of FLOT. Logan Capital Management Inc. purchased a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $25,000. Darwin Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $100,000. Northstar Advisory Group LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth $204,000. Finally, American Financial Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $204,000.

iShares Floating Rate Bond ETF Trading Up 0.2 %

BATS:FLOT opened at $51.08 on Wednesday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The stock has a fifty day moving average price of $50.95 and a 200 day moving average price of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF 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.