iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 52,254 shares of the company’s stock after acquiring an additional 255 shares during the quarter. iShares Floating Rate Bond ETF makes up about 0.6% of Legacy Capital Wealth Partners LLC’s investment portfolio, making the stock its 24th largest position. Legacy Capital Wealth Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,659,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FLOT. Good Life Advisors LLC purchased a new position in iShares Floating Rate Bond ETF during the third quarter worth approximately $276,000. Bleakley Financial Group LLC purchased a new position in iShares Floating Rate Bond ETF during the third quarter worth approximately $3,104,000. Aspiriant LLC purchased a new position in iShares Floating Rate Bond ETF during the third quarter worth approximately $208,000. TriaGen Wealth Management LLC raised its position in iShares Floating Rate Bond ETF by 4.4% in the third quarter. TriaGen Wealth Management LLC now owns 22,194 shares of the company’s stock valued at $1,133,000 after purchasing an additional 928 shares during the period. Finally, Essex LLC raised its position in iShares Floating Rate Bond ETF by 6.3% in the third quarter. Essex LLC now owns 8,523 shares of the company’s stock valued at $435,000 after purchasing an additional 506 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $51.01 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The stock’s fifty day moving average is $50.94 and its two-hundred day moving average is $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF 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.