Black Swift Group LLC Boosts Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Black Swift Group LLC grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 143.9% during the 4th quarter, HoldingsChannel reports. The fund owned 11,770 shares of the company’s stock after buying an additional 6,945 shares during the period. Black Swift Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of iShares Floating Rate Bond ETF by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after acquiring an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after purchasing an additional 502 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 55.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock worth $2,399,000 after purchasing an additional 16,856 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 14.2% in the third quarter. Sanctuary Advisors LLC now owns 103,726 shares of the company’s stock worth $5,294,000 after purchasing an additional 12,859 shares during the period. Finally, Atria Investments Inc increased its holdings in shares of iShares Floating Rate Bond ETF by 65.0% in the third quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after purchasing an additional 5,979 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.1 %

iShares Floating Rate Bond ETF stock opened at $50.91 on Thursday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The firm’s fifty day moving average price is $50.98 and its 200-day moving average price is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.1912 dividend. The ex-dividend date is Monday, March 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.