Private Trust Co. NA Acquires 2,928 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Private Trust Co. NA boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 28.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,286 shares of the company’s stock after buying an additional 2,928 shares during the quarter. Private Trust Co. NA’s holdings in iShares Floating Rate Bond ETF were worth $676,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FLOT. Proficio Capital Partners LLC boosted its position in shares of iShares Floating Rate Bond ETF by 2,108.2% in the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after purchasing an additional 4,347,920 shares during the period. New York Life Investment Management LLC boosted its position 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 worth $155,445,000 after purchasing an additional 347,836 shares during the period. Bank of New York Mellon Corp boosted its position in shares of iShares Floating Rate Bond ETF by 21.5% in the fourth quarter. Bank of New York Mellon Corp now owns 40,060 shares of the company’s stock worth $2,038,000 after purchasing an additional 7,099 shares during the period. Sierra Capital LLC boosted its position in shares of iShares Floating Rate Bond ETF by 66.8% in the fourth quarter. Sierra Capital LLC now owns 173,747 shares of the company’s stock worth $8,840,000 after purchasing an additional 69,599 shares during the period. Finally, Wrapmanager Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 16.8% in the fourth quarter. Wrapmanager Inc. now owns 53,483 shares of the company’s stock worth $2,721,000 after purchasing an additional 7,689 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.2 %

FLOT opened at $51.10 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The company has a 50 day simple moving average of $50.97 and a two-hundred day simple moving average of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.1912 dividend. The ex-dividend date is Monday, March 3rd.

About iShares Floating Rate Bond ETF

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.