Sigma Planning Corp Sells 51,359 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Sigma Planning Corp cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 17.3% during the fourth quarter, HoldingsChannel reports. The firm owned 246,209 shares of the company’s stock after selling 51,359 shares during the period. Sigma Planning Corp’s holdings in iShares Floating Rate Bond ETF were worth $12,527,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FLOT. Foundations Investment Advisors LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth about $651,000. Eastern Bank bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth about $41,000. Private Advisor Group LLC grew its holdings in iShares Floating Rate Bond ETF by 0.8% during the 3rd quarter. Private Advisor Group LLC now owns 125,769 shares of the company’s stock worth $6,419,000 after acquiring an additional 1,035 shares in the last quarter. Bull Oak Capital LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth about $115,000. Finally, Heritage Oak Wealth Advisors LLC bought a new position in iShares Floating Rate Bond ETF during the 3rd quarter worth about $1,278,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.05 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm’s 50-day moving average is $50.95 and its two-hundred day moving average is $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared 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.

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.