JFS Wealth Advisors LLC Acquires New Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

JFS Wealth Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,612 shares of the company’s stock, valued at approximately $540,000.

Several other institutional investors also recently bought and sold shares of the company. Good Life Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $276,000. Narus Financial Partners LLC boosted its position in iShares Floating Rate Bond ETF by 27.6% in the 3rd quarter. Narus Financial Partners LLC now owns 7,053 shares of the company’s stock valued at $360,000 after buying an additional 1,526 shares during the period. Western Financial Corp CA grew its stake in shares of iShares Floating Rate Bond ETF by 1.9% in the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after acquiring an additional 256 shares in the last quarter. GFG Capital LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $2,697,000. Finally, Foundations Investment Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at $651,000.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $51.01 on Tuesday. The business has a fifty day moving average price of $50.94 and a 200 day moving average price of $50.94. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2021 per share. The ex-dividend date of this dividend 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.