Legacy Capital Wealth Partners LLC Has $3.46 Million Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Legacy Capital Wealth Partners LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 68,420 shares of the company’s stock after selling 411 shares during the quarter. iShares Floating Rate Bond ETF makes up 1.0% of Legacy Capital Wealth Partners LLC’s portfolio, making the stock its 19th largest position. Legacy Capital Wealth Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,463,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of iShares Floating Rate Bond ETF by 3.1% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 7,719 shares of the company’s stock valued at $393,000 after buying an additional 234 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in iShares Floating Rate Bond ETF by 6.7% in the third quarter. Capital Advisors Ltd. LLC now owns 3,764 shares of the company’s stock valued at $192,000 after acquiring an additional 237 shares during the last quarter. Spire Wealth Management boosted its holdings in iShares Floating Rate Bond ETF by 3.3% in the third quarter. Spire Wealth Management now owns 8,428 shares of the company’s stock valued at $429,000 after acquiring an additional 268 shares during the last quarter. Forefront Analytics LLC boosted its holdings in iShares Floating Rate Bond ETF by 1.5% in the third quarter. Forefront Analytics LLC now owns 20,750 shares of the company’s stock valued at $1,056,000 after acquiring an additional 299 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in iShares Floating Rate Bond ETF by 1.0% in the third quarter. D.A. Davidson & CO. now owns 32,034 shares of the company’s stock valued at $1,630,000 after acquiring an additional 313 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock traded down $0.01 during mid-day trading on Friday, hitting $51.04. The stock had a trading volume of 1,485,999 shares. The stock has a 50-day simple moving average of $50.96 and a two-hundred day simple moving average of $50.81. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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