Mezzasalma Advisors LLC Decreases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Mezzasalma Advisors LLC reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,917 shares of the company’s stock after selling 246 shares during the period. Mezzasalma Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $301,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Continental Investors Services Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 2.6% in the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after purchasing an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in 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 worth $732,000 after buying an additional 214 shares during the period. Y.D. More Investments Ltd boosted its holdings in 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 worth $1,076,000 after buying an additional 250 shares during the period. Western Financial Corp CA grew its stake in iShares Floating Rate Bond ETF by 1.9% in the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after buying an additional 256 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its holdings in iShares Floating Rate Bond ETF by 1.4% during 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 period.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.96 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock’s fifty day moving average price is $50.94 and its two-hundred day moving average price is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2021 per share. The ex-dividend date of this dividend was Monday, February 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.