Kesler Norman & Wride LLC Grows Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Kesler Norman & Wride LLC increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,881 shares of the company’s stock after buying an additional 1,001 shares during the period. Kesler Norman & Wride LLC owned about 0.08% of iShares Floating Rate Bond ETF worth $5,406,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Financial Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 2.8% in the 4th quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock valued at $3,990,000 after purchasing an additional 2,128 shares in the last quarter. Private Wealth Partners LLC lifted its holdings in iShares Floating Rate Bond ETF by 15.4% in the 4th quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock valued at $759,000 after purchasing an additional 2,000 shares in the last quarter. Sarasin & Partners LLP purchased a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at about $1,012,000. Foundations Investment Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 14.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock valued at $429,000 after purchasing an additional 1,051 shares in the last quarter. Finally, Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in iShares Floating Rate Bond ETF by 64.2% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock valued at $71,000 after purchasing an additional 550 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT remained flat at $50.88 on Thursday. 608,204 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $50.99 and its two-hundred day simple moving average is $50.90. 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 business also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a dividend of $0.2494 per share. The ex-dividend date is Monday, July 1st.

About iShares Floating Rate Bond ETF

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.