Legacy Capital Wealth Partners LLC Has $2.65 Million Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Legacy Capital Wealth Partners LLC reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 25.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,999 shares of the company’s stock after selling 17,864 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,654,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of FLOT. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $27,000. Pineridge Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 172.0% during the 1st quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after purchasing an additional 430 shares during the last quarter. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at $41,000. Opal Wealth Advisors LLC acquired a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at $50,000. Finally, LRI Investments LLC bought a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $82,000.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.94 on Friday. The firm has a 50-day moving average of $50.94 and a 200-day moving average of $50.96. 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.26 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.