iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,635 shares of the company’s stock after selling 1,715 shares during the quarter. Kraft Davis & Associates LLC’s holdings in iShares Floating Rate Bond ETF were worth $389,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. RiverFront Investment Group LLC raised its position in iShares Floating Rate Bond ETF by 1.8% in the fourth quarter. RiverFront Investment Group LLC now owns 12,042 shares of the company’s stock valued at $606,000 after purchasing an additional 214 shares during the period. Townsquare Capital LLC increased its position in shares of iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. Townsquare Capital LLC now owns 16,983 shares of the company’s stock worth $855,000 after acquiring an additional 224 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of iShares Floating Rate Bond ETF by 3.1% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 7,719 shares of the company’s stock worth $393,000 after acquiring an additional 234 shares during the period. Capital Advisors Ltd. LLC increased its position in shares of iShares Floating Rate Bond ETF by 6.7% during the third quarter. Capital Advisors Ltd. LLC now owns 3,764 shares of the company’s stock worth $192,000 after acquiring an additional 237 shares during the period. Finally, Spire Wealth Management increased its position in shares of iShares Floating Rate Bond ETF by 3.3% during the third quarter. Spire Wealth Management now owns 8,428 shares of the company’s stock worth $429,000 after acquiring an additional 268 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of iShares Floating Rate Bond ETF stock traded down $0.01 during trading hours on Friday, reaching $51.02. 727,390 shares of the company were exchanged. The stock’s fifty day moving average is $50.94 and its 200 day moving average is $50.80. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2559 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

iShares Floating Rate Bond ETF Profile

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.