MGB Wealth Management LLC Decreases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

MGB Wealth Management LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,508 shares of the company’s stock after selling 328 shares during the quarter. MGB Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $992,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 11.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 8,566 shares of the company’s stock worth $437,000 after buying an additional 907 shares during the last quarter. Koshinski Asset Management Inc. grew its position in iShares Floating Rate Bond ETF by 7.9% in the third quarter. Koshinski Asset Management Inc. now owns 4,773 shares of the company’s stock worth $244,000 after acquiring an additional 350 shares in the last quarter. Donor Advised Charitable Giving Inc. increased its stake in iShares Floating Rate Bond ETF by 1.5% during the third quarter. Donor Advised Charitable Giving Inc. now owns 27,930 shares of the company’s stock worth $1,426,000 after acquiring an additional 416 shares during the last quarter. PFG Advisors raised its position in iShares Floating Rate Bond ETF by 3.0% during the third quarter. PFG Advisors now owns 45,728 shares of the company’s stock valued at $2,334,000 after purchasing an additional 1,334 shares during the period. Finally, Good Life Advisors LLC purchased a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $276,000.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Thursday. The stock has a 50 day moving average price of $50.94 and a 200-day moving average price of $50.94. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

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