iShares Floating Rate Bond ETF (BATS:FLOT) Position Boosted by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,819 shares of the company’s stock after buying an additional 8,208 shares during the period. EverSource Wealth Advisors LLC owned approximately 0.06% of iShares Floating Rate Bond ETF worth $4,265,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FLOT. Proficio Capital Partners LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 2,108.2% during the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares in the last quarter. Franklin Resources Inc. boosted its holdings in iShares Floating Rate Bond ETF by 31.0% during the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter worth about $43,863,000. New York Life Investment Management LLC raised its position in iShares Floating Rate Bond ETF by 12.8% in the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after purchasing an additional 347,836 shares during the last quarter. Finally, Hartline Investment Corp increased its position in iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after acquiring an additional 322,286 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.95 on Wednesday. The business has a 50-day moving average price of $50.98 and a two-hundred day moving average price of $50.96. 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date 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.