Edgestream Partners L.P. Decreases Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Edgestream Partners L.P. reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,434 shares of the company’s stock after selling 461 shares during the period. Edgestream Partners L.P.’s holdings in iShares Floating Rate Bond ETF were worth $1,040,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FLOT. Atria Investments Inc lifted its position in iShares Floating Rate Bond ETF by 65.0% during the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after buying an additional 5,979 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of iShares Floating Rate Bond ETF by 19.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 25,465 shares of the company’s stock worth $1,300,000 after purchasing an additional 4,080 shares in the last quarter. Harbour Investments Inc. boosted its position in iShares Floating Rate Bond ETF by 8.3% in the 3rd quarter. Harbour Investments Inc. now owns 20,349 shares of the company’s stock valued at $1,039,000 after buying an additional 1,554 shares during the period. First Heartland Consultants Inc. grew its stake in iShares Floating Rate Bond ETF by 10.5% during the 3rd quarter. First Heartland Consultants Inc. now owns 8,514 shares of the company’s stock worth $435,000 after purchasing an additional 809 shares in the last quarter. Finally, Haverford Trust Co grew its position in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after buying an additional 16,112 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The company’s 50 day moving average is $50.98 and its two-hundred day moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date was 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.