Creative Financial Designs Inc. ADV Grows Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Creative Financial Designs Inc. ADV increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 199.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,945 shares of the company’s stock after buying an additional 5,288 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Floating Rate Bond ETF were worth $404,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FLOT. Logan Capital Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $25,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $27,000. Boyd Watterson Asset Management LLC OH raised its position in shares of iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after buying an additional 967 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $100,000. Finally, Marshall Investment Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at approximately $117,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT stock opened at $50.99 on Wednesday. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16. The firm’s 50 day moving average price is $50.99 and its 200-day moving average price is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1912 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Floating Rate Bond ETF Company 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.