iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Guidance Point Advisors LLC

Guidance Point Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,942 shares of the company’s stock after acquiring an additional 229 shares during the period. Guidance Point Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $862,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $25,000. Headlands Technologies LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth $57,000. Boyd Watterson Asset Management LLC OH lifted its position in iShares Floating Rate Bond ETF by 227.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 967 shares during the last quarter. Sanctuary Wealth Management L.L.C. boosted its stake in iShares Floating Rate Bond ETF by 20.0% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 1,598 shares of the company’s stock valued at $81,000 after acquiring an additional 266 shares in the last quarter. Finally, Front Row Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 14.1% during the fourth quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock worth $82,000 after purchasing an additional 200 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.2 %

FLOT opened at $50.88 on Thursday. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16. The business’s 50-day simple moving average is $50.99 and its 200-day simple moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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

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.