iShares Floating Rate Bond ETF (BATS:FLOT) Shares Bought by Wintrust Investments LLC

Wintrust Investments LLC raised its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 21.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,901 shares of the company’s stock after buying an additional 2,273 shares during the quarter. Wintrust Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $656,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Proficio Capital Partners LLC increased its position in iShares Floating Rate Bond ETF by 2,108.2% during the fourth quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares during the period. Franklin Resources Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Floating Rate Bond ETF during the 4th quarter worth about $43,863,000. New York Life Investment Management LLC lifted its position in iShares Floating Rate Bond ETF by 12.8% during the 4th quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock worth $155,445,000 after buying an additional 347,836 shares in the last quarter. Finally, Hartline Investment Corp lifted its position in iShares Floating Rate Bond ETF by 80.8% during the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock worth $36,696,000 after buying an additional 322,286 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The business has a 50-day moving average price of $50.98 and a two-hundred day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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