Kestra Private Wealth Services LLC Acquires 4,480 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Kestra Private Wealth Services LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,636 shares of the company’s stock after acquiring an additional 4,480 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,780,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Franklin Resources Inc. raised its holdings in shares of 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 buying an additional 1,118,243 shares in the last quarter. DAVENPORT & Co LLC grew its position in iShares Floating Rate Bond ETF by 15.6% during the fourth quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock valued at $65,358,000 after acquiring an additional 172,943 shares during the last quarter. Haverford Trust Co raised its stake 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 acquiring an additional 16,112 shares in the last quarter. Demars Financial Group LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 0.9% in the 3rd quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock worth $37,928,000 after acquiring an additional 6,805 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock valued at $35,489,000 after purchasing an additional 91,686 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS:FLOT opened at $50.96 on Wednesday. The stock’s 50-day moving average price is $50.94 and its 200-day moving average price is $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2021 per share. 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.