Wick Capital Partners LLC Buys Shares of 4,390 iShares Floating Rate Bond ETF (BATS:FLOT)

Wick Capital Partners LLC bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,390 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also bought and sold shares of FLOT. Demars Financial Group LLC boosted its position in iShares Floating Rate Bond ETF by 5,019.0% during the 4th quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock valued at $1,935,446,000 after acquiring an additional 37,296,320 shares in the last quarter. Proficio Capital Partners LLC boosted its position in iShares Floating Rate Bond ETF by 2,108.2% during the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock valued at $231,716,000 after acquiring an additional 4,347,920 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $43,863,000. JPMorgan Chase & Co. boosted its position in shares of iShares Floating Rate Bond ETF by 103.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,414,905 shares of the company’s stock worth $71,990,000 after purchasing an additional 719,584 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of iShares Floating Rate Bond ETF by 21.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,658,917 shares of the company’s stock worth $135,286,000 after purchasing an additional 470,630 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.91 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34. The business has a fifty day moving average price of $50.78 and a 200-day moving average price of $50.90.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given 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.