iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by White Pine Capital LLC

White Pine Capital LLC lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 20.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 109,585 shares of the company’s stock after selling 27,543 shares during the period. iShares Floating Rate Bond ETF comprises approximately 2.1% of White Pine Capital LLC’s investment portfolio, making the stock its 5th biggest position. White Pine Capital LLC owned approximately 0.08% of iShares Floating Rate Bond ETF worth $5,547,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of FLOT. Ameriprise Financial Inc. raised its position in shares of iShares Floating Rate Bond ETF by 156.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,959,885 shares of the company’s stock worth $150,676,000 after purchasing an additional 1,804,501 shares during the last quarter. Northern Trust Corp raised its position in shares of iShares Floating Rate Bond ETF by 24.0% during the 3rd quarter. Northern Trust Corp now owns 3,674,495 shares of the company’s stock worth $186,995,000 after purchasing an additional 712,205 shares during the last quarter. TRUE Private Wealth Advisors acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $29,553,000. Cape Cod Five Cents Savings Bank raised its position in shares of iShares Floating Rate Bond ETF by 103.7% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 840,858 shares of the company’s stock worth $42,791,000 after purchasing an additional 427,981 shares during the last quarter. Finally, Greystone Financial Group LLC raised its position in shares of iShares Floating Rate Bond ETF by 7,095.7% during the 3rd quarter. Greystone Financial Group LLC now owns 302,077 shares of the company’s stock worth $15,373,000 after purchasing an additional 297,879 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of FLOT traded down $0.01 during mid-day trading on Friday, hitting $51.04. 1,485,999 shares of the company were exchanged. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The company has a 50 day moving average of $50.96 and a 200-day moving average of $50.81.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2559 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

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.