Avidian Wealth Enterprises LLC Sells 1,390 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Avidian Wealth Enterprises LLC decreased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 8.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,331 shares of the company’s stock after selling 1,390 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares Floating Rate Bond ETF were worth $780,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLOT. Continental Investors Services Inc. raised its position in 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 grew its stake in shares of 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 valued at $732,000 after purchasing an additional 214 shares during the period. Y.D. More Investments Ltd grew its stake in shares of 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 valued at $1,076,000 after purchasing an additional 250 shares during the period. Western Financial Corp CA raised its holdings in shares of 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 worth $694,000 after buying an additional 256 shares in the last quarter. Finally, Flagstar Advisors Inc. lifted its position in shares of 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 worth $1,139,000 after buying an additional 315 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.0 %

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

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued 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.