SSI Investment Management LLC Buys 1,565 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

SSI Investment Management LLC lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.7% in the fourth quarter, Holdings Channel reports. The fund owned 92,504 shares of the company’s stock after purchasing an additional 1,565 shares during the quarter. SSI Investment Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,707,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Continental Investors Services Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 2.6% in the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after acquiring an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after acquiring an additional 214 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after acquiring an additional 250 shares during the last quarter. Legacy Capital Wealth Partners LLC lifted its holdings 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 acquiring an additional 255 shares during the last quarter. Finally, Flagstar Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after acquiring an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS:FLOT opened at $50.98 on Tuesday. iShares Floating Rate Bond ETF has a 12 month low of $50.28 and a 12 month high of $51.16. The company has a 50-day moving average price of $50.99 and a 200 day moving average price of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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