Rehmann Capital Advisory Group Sells 2,905 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Rehmann Capital Advisory Group lessened its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 41.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,180 shares of the company’s stock after selling 2,905 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares Floating Rate Bond ETF were worth $213,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Scarborough Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 1,437.5% during the fourth quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock valued at $65,773,000 after purchasing an additional 1,214,838 shares in the last quarter. Northern Trust Corp raised its position in shares of iShares Floating Rate Bond ETF by 17.3% during the 4th quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock valued at $218,203,000 after buying an additional 636,112 shares in the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 3,178.1% in the 4th quarter. Apollon Wealth Management LLC now owns 566,559 shares of the company’s stock valued at $28,679,000 after acquiring an additional 549,276 shares during the last quarter. Angeles Investment Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at about $20,881,000. Finally, TCP Asset Management LLC grew its position in iShares Floating Rate Bond ETF by 1,185.9% in the first quarter. TCP Asset Management LLC now owns 285,081 shares of the company’s stock worth $14,556,000 after acquiring an additional 262,911 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

BATS FLOT traded up $0.02 during trading hours on Wednesday, hitting $50.94. 876,808 shares of the company were exchanged. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The stock has a 50-day moving average price of $50.98 and a 200 day moving average price of $50.92.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a dividend of $0.2494 per share. 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.