White Pine Capital LLC Sells 27,543 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

White Pine Capital LLC cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 20.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,585 shares of the company’s stock after selling 27,543 shares during the period. iShares Floating Rate Bond ETF accounts for 2.1% of White Pine Capital LLC’s portfolio, making the stock its 5th largest position. White Pine Capital LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cape Cod Five Cents Savings Bank raised its holdings in shares of iShares Floating Rate Bond ETF by 103.7% during the third 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 period. Sarasin & Partners LLP acquired a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth $1,012,000. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in shares of iShares Floating Rate Bond ETF by 64.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock worth $71,000 after purchasing an additional 550 shares during the period. Bryn Mawr Capital Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth $607,000. Finally, Carmel Capital Partners LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 21.6% during the third quarter. Carmel Capital Partners LLC now owns 113,098 shares of the company’s stock worth $5,756,000 after purchasing an additional 20,103 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of FLOT stock traded down $0.01 during trading hours on Friday, reaching $51.04. The stock had a trading volume of 1,485,999 shares. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The firm has a 50-day simple moving average of $50.96 and a 200-day simple moving average of $50.81.

iShares Floating Rate Bond ETF Increases Dividend

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

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.