First Horizon Advisors Inc. Grows Position in iShares Floating Rate Bond ETF (BATS:FLOT)

First Horizon Advisors Inc. raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 42.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,593 shares of the company’s stock after buying an additional 3,138 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $539,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Continental Investors Services Inc. grew its holdings 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 valued at $401,000 after purchasing an additional 202 shares during the period. Pine Valley Investments Ltd Liability Co grew its holdings in shares of iShares Floating Rate Bond ETF by 1.5% in the third 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 holdings in shares of iShares Floating Rate Bond ETF by 1.2% in the fourth 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. Legacy Capital Wealth Partners LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 0.5% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock valued at $2,659,000 after purchasing an additional 255 shares during the period. Finally, Flagstar Advisors Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after purchasing an additional 315 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.06 on Tuesday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The firm has a 50-day moving average price of $50.95 and a 200 day moving average price of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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