Disciplined Investments LLC Has $688,000 Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Disciplined Investments LLC lowered its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,522 shares of the company’s stock after selling 564 shares during the period. Disciplined Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $688,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Continental Investors Services Inc. lifted its holdings in iShares Floating Rate Bond ETF by 2.6% during the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock worth $401,000 after acquiring an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its position in shares of iShares Floating Rate Bond ETF by 1.5% in the third 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 last quarter. Y.D. More Investments Ltd increased its position in shares of iShares Floating Rate Bond ETF by 1.2% in the fourth 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 last quarter. Legacy Capital Wealth Partners LLC increased its position in iShares Floating Rate Bond ETF by 0.5% during the fourth quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock worth $2,659,000 after buying an additional 255 shares during the last quarter. Finally, Flagstar Advisors Inc. increased its position in iShares Floating Rate Bond ETF by 1.4% during the third quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after buying an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $50.92 on Tuesday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business has a 50 day moving average of $50.97 and a 200-day moving average of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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