Kesler Norman & Wride LLC Buys 12,042 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Kesler Norman & Wride LLC boosted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 131,983 shares of the company’s stock after buying an additional 12,042 shares during the quarter. iShares Floating Rate Bond ETF makes up approximately 1.4% of Kesler Norman & Wride LLC’s holdings, making the stock its 18th largest holding. Kesler Norman & Wride LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,715,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Front Row Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 14.1% during the fourth quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock valued at $82,000 after acquiring an additional 200 shares during the period. Continental Investors Services Inc. raised its holdings in iShares Floating Rate Bond ETF by 2.6% during the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after purchasing an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in iShares Floating Rate Bond ETF by 1.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock worth $732,000 after purchasing an additional 214 shares during the last quarter. Y.D. More Investments Ltd lifted its position in iShares Floating Rate Bond ETF by 1.2% during the 4th 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 period. Finally, Legacy Capital Wealth Partners LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 0.5% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock valued at $2,659,000 after purchasing an additional 255 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.2 %

Shares of BATS:FLOT opened at $50.87 on Wednesday. The company has a 50 day moving average of $51.00 and a 200-day moving average of $50.96. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

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