Proficio Capital Partners LLC Acquires 20,780 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Proficio Capital Partners LLC raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,023 shares of the company’s stock after purchasing an additional 20,780 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $11,551,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $27,000. Boyd Watterson Asset Management LLC OH lifted its holdings in shares of iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after acquiring an additional 967 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter worth approximately $100,000. Finally, Marshall Investment Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter worth approximately $117,000.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Friday. The company has a 50 day moving average of $50.99 and a 200-day moving average of $50.96. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company 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.

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.