Sequoia Financial Advisors LLC Lowers Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Sequoia Financial Advisors LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,084 shares of the company’s stock after selling 198 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $259,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its holdings in iShares Floating Rate Bond ETF by 61.8% in the 4th quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock worth $1,671,000 after purchasing an additional 12,550 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares Floating Rate Bond ETF by 93.4% during the 4th quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock worth $978,000 after acquiring an additional 9,287 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Floating Rate Bond ETF by 15.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after acquiring an additional 91,686 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock worth $1,276,000 after acquiring an additional 502 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 55.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock worth $2,399,000 after acquiring an additional 16,856 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of FLOT opened at $51.00 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $50.28 and a 1 year high of $51.16. The business’s 50 day simple moving average is $50.99 and its 200-day simple moving average is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1912 per share. The ex-dividend date was Monday, March 3rd.

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.