D L Carlson Investment Group Inc. Takes $329,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

D L Carlson Investment Group Inc. purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,476 shares of the company’s stock, valued at approximately $329,000.

Several other institutional investors have also recently added to or reduced their stakes in FLOT. Proficio Capital Partners LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 2,108.2% in the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares during the period. Franklin Resources Inc. boosted its holdings in iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $43,863,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares Floating Rate Bond ETF by 103.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,414,905 shares of the company’s stock valued at $71,990,000 after buying an additional 719,584 shares during the period. Finally, New York Life Investment Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 12.8% in the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after buying an additional 347,836 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.1 %

BATS:FLOT opened at $51.05 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.28 and a 1 year high of $51.16. The stock has a fifty day moving average price of $51.00 and a two-hundred day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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