Geneos Wealth Management Inc. Has $840,000 Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Geneos Wealth Management Inc. trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 4.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,444 shares of the company’s stock after selling 832 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $840,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. US Financial Advisors LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 2.8% during the fourth 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 stake in shares of iShares Floating Rate Bond ETF by 15.4% in the fourth quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock worth $759,000 after acquiring an additional 2,000 shares during the period. Sarasin & Partners LLP acquired a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth approximately $1,012,000. Foundations Investment Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 14.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock worth $429,000 after acquiring an additional 1,051 shares during the period. Finally, Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of iShares Floating Rate Bond ETF by 64.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock worth $71,000 after acquiring an additional 550 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock traded up $0.01 during midday trading on Thursday, reaching $50.94. The company had a trading volume of 869,797 shares. The stock has a fifty day moving average price of $50.99 and a 200 day moving average price of $50.92. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.2494 dividend. The ex-dividend date was Monday, July 1st.

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.