iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Banco Santander S.A.

Banco Santander S.A. lowered its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 27.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,341 shares of the company’s stock after selling 30,084 shares during the period. Banco Santander S.A. owned about 0.05% of iShares Floating Rate Bond ETF worth $3,986,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FLOT. Carmel Capital Partners LLC boosted its holdings in iShares Floating Rate Bond ETF by 13.5% during the third quarter. Carmel Capital Partners LLC now owns 188,878 shares of the company’s stock valued at $9,640,000 after acquiring an additional 22,477 shares during the period. Demars Financial Group LLC increased its position in shares of iShares Floating Rate Bond ETF by 0.9% during the 3rd quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock worth $37,928,000 after purchasing an additional 6,805 shares in the last quarter. Atria Investments Inc grew its position in iShares Floating Rate Bond ETF by 65.0% during the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock worth $775,000 after acquiring an additional 5,979 shares during the last quarter. Arvest Investments Inc. bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $1,809,000. Finally, Jaffetilchin Investment Partners LLC raised its stake in shares of iShares Floating Rate Bond ETF by 1.2% in the third quarter. Jaffetilchin Investment Partners LLC now owns 30,115 shares of the company’s stock worth $1,537,000 after acquiring an additional 362 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

iShares Floating Rate Bond ETF stock opened at $50.96 on Friday. The business’s 50-day simple moving average is $50.98 and its 200 day simple moving average is $50.96. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date was 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.