Cascade Financial Partners LLC Reduces Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Cascade Financial Partners LLC trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 16.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,421 shares of the company’s stock after selling 9,196 shares during the quarter. Cascade Financial Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,413,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Continental Investors Services Inc. grew its holdings in iShares Floating Rate Bond ETF by 2.6% in the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after acquiring an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of iShares Floating Rate Bond ETF by 1.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after purchasing an additional 214 shares during the last quarter. Y.D. More Investments Ltd grew its position in iShares Floating Rate Bond ETF by 1.2% during the fourth quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after buying an additional 250 shares during the period. Legacy Capital Wealth Partners LLC boosted its position in shares of iShares Floating Rate Bond ETF by 0.5% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock worth $2,659,000 after purchasing an additional 255 shares during the period. Finally, Flagstar Advisors Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after acquiring an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.1 %

iShares Floating Rate Bond ETF stock opened at $50.95 on Wednesday. The firm’s fifty day moving average is $50.98 and its 200 day moving average is $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date of this dividend was Monday, March 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.