C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Raises Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 195.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,989 shares of the company’s stock after purchasing an additional 21,159 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares Floating Rate Bond ETF were worth $1,628,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. GFG Capital LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $2,697,000. Foundations Investment Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $651,000. Financial Life Advisors boosted its position in shares of iShares Floating Rate Bond ETF by 9.6% in the 3rd quarter. Financial Life Advisors now owns 4,932 shares of the company’s stock worth $252,000 after buying an additional 431 shares in the last quarter. Argus Investors Counsel Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 4.3% in the 3rd quarter. Argus Investors Counsel Inc. now owns 9,607 shares of the company’s stock worth $490,000 after buying an additional 398 shares in the last quarter. Finally, Eastern Bank purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $41,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

iShares Floating Rate Bond ETF stock opened at $51.02 on Wednesday. The firm’s 50-day simple moving average is $50.95 and its 200 day simple moving average is $50.94. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2021 dividend. 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.