Captrust Financial Advisors Sells 15,643 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Captrust Financial Advisors reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 387,907 shares of the company’s stock after selling 15,643 shares during the period. Captrust Financial Advisors owned about 0.27% of iShares Floating Rate Bond ETF worth $19,807,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. US Financial Advisors LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 2.8% in the 4th quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock worth $3,990,000 after buying an additional 2,128 shares during the last quarter. Private Wealth Partners LLC lifted its stake in iShares Floating Rate Bond ETF by 15.4% in the fourth quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock valued at $759,000 after purchasing an additional 2,000 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 14.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock valued at $429,000 after purchasing an additional 1,051 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in iShares Floating Rate Bond ETF by 64.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock valued at $71,000 after purchasing an additional 550 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in iShares Floating Rate Bond ETF by 444.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 801 shares of the company’s stock valued at $41,000 after purchasing an additional 654 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

iShares Floating Rate Bond ETF stock opened at $51.10 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The business’s 50 day simple moving average is $51.00 and its 200 day simple moving average is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.2494 dividend. The ex-dividend date was Monday, July 1st.

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.