iShares Floating Rate Bond ETF (BATS:FLOT) Shares Bought by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 195.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,989 shares of the company’s stock after acquiring an additional 21,159 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares Floating Rate Bond ETF were worth $1,628,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Logan Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $25,000. Darwin Wealth Management LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Eastern Bank acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $41,000. MidAtlantic Capital Management Inc. acquired a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at $100,000. Finally, Bull Oak Capital LLC acquired a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $115,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.02 on Wednesday. The company’s fifty day moving average is $50.95 and its two-hundred day moving average is $50.94. 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 Cuts Dividend

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