iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 55.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,146 shares of the company’s stock after acquiring an additional 16,856 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,399,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock valued at $35,489,000 after purchasing an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares Floating Rate Bond ETF by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock valued at $1,276,000 after buying an additional 502 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 14.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after buying an additional 12,859 shares during the last quarter. Atria Investments Inc grew its position in shares of iShares Floating Rate Bond ETF by 65.0% in the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after acquiring an additional 5,979 shares in the last quarter. Finally, TCP Asset Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 15.7% in the 3rd quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock valued at $17,693,000 after acquiring an additional 47,061 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.96 on Monday. The stock’s 50 day simple moving average is $50.94 and its 200 day simple moving average is $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2021 dividend. The ex-dividend date was Monday, February 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.