Avidian Wealth Enterprises LLC Has $780,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Avidian Wealth Enterprises LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 8.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,331 shares of the company’s stock after selling 1,390 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares Floating Rate Bond ETF were worth $780,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in FLOT. Franklin Resources Inc. grew its holdings in iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after acquiring an additional 1,118,243 shares during the last quarter. DAVENPORT & Co LLC lifted its position in shares of iShares Floating Rate Bond ETF by 15.6% during the fourth quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock worth $65,358,000 after purchasing an additional 172,943 shares in the last quarter. Haverford Trust Co grew its stake in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after purchasing an additional 16,112 shares during the last quarter. Demars Financial Group LLC grew its stake in shares of iShares Floating Rate Bond ETF by 0.9% during the third quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock valued at $37,928,000 after purchasing an additional 6,805 shares during the last quarter. Finally, Hartline Investment Corp increased its holdings in shares of iShares Floating Rate Bond ETF by 80.8% in the fourth quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after purchasing an additional 322,286 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

BATS:FLOT opened at $50.96 on Thursday. The stock’s fifty day moving average price is $50.94 and its two-hundred day moving average price is $50.94. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2021 per share. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Floating Rate Bond ETF Company 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.