Bright Futures Wealth Management LLC. Acquires New Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Bright Futures Wealth Management LLC. acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 14,117 shares of the company’s stock, valued at approximately $721,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Concourse Financial Group Securities Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 11.8% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 8,566 shares of the company’s stock worth $437,000 after purchasing an additional 907 shares in the last quarter. PFG Advisors increased its position in iShares Floating Rate Bond ETF by 3.0% during the 3rd quarter. PFG Advisors now owns 45,728 shares of the company’s stock worth $2,334,000 after buying an additional 1,334 shares during the period. Good Life Advisors LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth $276,000. Greenup Street Wealth Management LLC increased its position in iShares Floating Rate Bond ETF by 9.7% during the 3rd quarter. Greenup Street Wealth Management LLC now owns 17,912 shares of the company’s stock worth $914,000 after buying an additional 1,579 shares during the period. Finally, Bleakley Financial Group LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth $3,104,000.

iShares Floating Rate Bond ETF Trading Down 0.0 %

FLOT stock opened at $50.98 on Friday. The business’s fifty day moving average price is $50.94 and its two-hundred day moving average price is $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders 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.