iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Bard Associates Inc.

Bard Associates Inc. increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 27.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,740 shares of the company’s stock after purchasing an additional 1,689 shares during the quarter. Bard Associates Inc.’s holdings in iShares Floating Rate Bond ETF were worth $394,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FLOT. Proficio Capital Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock valued at $231,716,000 after buying an additional 4,347,920 shares in the last quarter. Franklin Resources Inc. grew its stake in iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. New York Life Investment Management LLC grew its stake in iShares Floating Rate Bond ETF by 12.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after purchasing an additional 347,836 shares in the last quarter. Hartline Investment Corp grew its stake in iShares Floating Rate Bond ETF by 80.8% during the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after purchasing an additional 322,286 shares in the last quarter. Finally, Mutual Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 880.7% during the 4th quarter. Mutual Advisors LLC now owns 249,801 shares of the company’s stock valued at $12,740,000 after purchasing an additional 224,329 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $50.92 on Tuesday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The business has a 50 day moving average price of $50.97 and a two-hundred day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.1912 per share. The ex-dividend date of this dividend is Monday, March 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.