Invenio Wealth Partners LLC Invests $1.55 Million in iShares Floating Rate Bond ETF (BATS:FLOT)

Invenio Wealth Partners LLC bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,476 shares of the company’s stock, valued at approximately $1,551,000.

A number of other institutional investors have also recently made changes to their positions in the stock. StoneX Group Inc. purchased a new stake in iShares Floating Rate Bond ETF in the 4th quarter worth approximately $572,000. National Bank of Canada FI boosted its position in shares of iShares Floating Rate Bond ETF by 51,598.2% in the 4th quarter. National Bank of Canada FI now owns 198,521 shares of the company’s stock worth $10,101,000 after purchasing an additional 198,137 shares in the last quarter. D L Carlson Investment Group Inc. bought a new position in iShares Floating Rate Bond ETF in the 4th quarter worth about $329,000. Prevail Innovative Wealth Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth approximately $644,000. Finally, CIBC Private Wealth Group LLC lifted its position in iShares Floating Rate Bond ETF by 0.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 112,733 shares of the company’s stock valued at $5,743,000 after acquiring an additional 523 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

iShares Floating Rate Bond ETF stock opened at $51.06 on Tuesday. The business’s fifty day moving average is $51.00 and its 200 day moving average is $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 business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Floating Rate Bond ETF 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.