iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by WESCAP Management Group Inc.

WESCAP Management Group Inc. decreased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,261 shares of the company’s stock after selling 5,208 shares during the quarter. iShares Floating Rate Bond ETF accounts for approximately 2.0% of WESCAP Management Group Inc.’s portfolio, making the stock its 17th largest holding. WESCAP Management Group Inc. owned 0.11% of iShares Floating Rate Bond ETF worth $8,307,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FLOT. Front Row Advisors LLC grew its holdings in iShares Floating Rate Bond ETF by 14.1% in the fourth quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock valued at $82,000 after purchasing an additional 200 shares during the period. Continental Investors Services Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 2.6% during the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after buying an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in iShares Floating Rate Bond ETF by 1.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after acquiring an additional 214 shares during the period. Y.D. More Investments Ltd grew its stake in iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after acquiring an additional 250 shares during the period. Finally, Legacy Capital Wealth Partners LLC increased its holdings in iShares Floating Rate Bond ETF by 0.5% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock worth $2,659,000 after acquiring an additional 255 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.2 %

FLOT opened at $50.87 on Wednesday. The firm’s fifty day simple moving average is $51.00 and its two-hundred day simple moving average is $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.28 and a 52-week high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed 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 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.