Sigma Planning Corp Decreases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Sigma Planning Corp decreased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 17.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 246,209 shares of the company’s stock after selling 51,359 shares during the quarter. Sigma Planning Corp owned about 0.17% of iShares Floating Rate Bond ETF worth $12,527,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Turning Point Benefit Group Inc. purchased a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at $2,673,000. Boyd Watterson Asset Management LLC OH increased its position in iShares Floating Rate Bond ETF by 227.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 967 shares during the last quarter. Advyzon Investment Management LLC bought a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at $262,000. Financial Sense Advisors Inc. bought a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at $4,217,000. Finally, Flagstar Advisors Inc. increased its position in iShares Floating Rate Bond ETF by 2.1% during the fourth quarter. Flagstar Advisors Inc. now owns 22,766 shares of the company’s stock valued at $1,158,000 after acquiring an additional 459 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.1 %

FLOT stock opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The firm’s fifty day simple moving average is $50.95 and its two-hundred day simple moving average is $50.94.

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 given a dividend of $0.2021 per share. 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.