Callahan Advisors LLC Sells 3,378 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Callahan Advisors LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,284 shares of the company’s stock after selling 3,378 shares during the period. Callahan Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,541,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Franklin Resources Inc. boosted its stake in shares of 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 purchasing an additional 1,118,243 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 15.6% during the 4th 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 during the period. Haverford Trust Co boosted its stake in shares of iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after purchasing an additional 16,112 shares during the period. Truist Financial Corp boosted its stake in shares of iShares Floating Rate Bond ETF by 16.9% during the 4th quarter. Truist Financial Corp now owns 1,030,346 shares of the company’s stock worth $52,424,000 after purchasing an additional 148,673 shares during the period. Finally, Demars Financial Group LLC boosted its stake 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 during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT stock opened at $51.01 on Tuesday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The company has a 50-day moving average price of $50.94 and a 200 day moving average price of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors 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.