Sanctuary Advisors LLC Buys 12,431 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Sanctuary Advisors LLC boosted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 12.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,157 shares of the company’s stock after acquiring an additional 12,431 shares during the period. Sanctuary Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,934,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in FLOT. Logan Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Eastern Bank acquired a new stake in iShares Floating Rate Bond ETF during the third quarter valued at approximately $41,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at approximately $100,000. Finally, Bull Oak Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $115,000.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of FLOT stock opened at $51.04 on Thursday. The stock’s fifty day simple moving average is $50.95 and its 200 day simple moving average is $50.94. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF Company 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.