Ausdal Financial Partners Inc. Sells 5,342 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Ausdal Financial Partners Inc. decreased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 27.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,297 shares of the company’s stock after selling 5,342 shares during the period. Ausdal Financial Partners Inc.’s holdings in iShares Floating Rate Bond ETF were worth $727,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Blueprint Investment Partners LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at $824,000. Principal Financial Group Inc. boosted its stake in iShares Floating Rate Bond ETF by 61.8% in the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after buying an additional 12,550 shares in the last quarter. Jones Financial Companies Lllp grew its position in iShares Floating Rate Bond ETF by 93.4% in the fourth quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock valued at $978,000 after acquiring an additional 9,287 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after acquiring an additional 91,686 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after acquiring an additional 502 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.04 on Friday. The firm’s 50 day moving average is $51.00 and its 200 day moving average is $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.28 and a 1 year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders 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.