Guggenheim Capital LLC Increases Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Guggenheim Capital LLC lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 269,287 shares of the company’s stock after purchasing an additional 42,866 shares during the quarter. Guggenheim Capital LLC owned 0.19% of iShares Floating Rate Bond ETF worth $13,701,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Blueprint Investment Partners LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter worth about $824,000. Principal Financial Group Inc. increased its holdings in iShares Floating Rate Bond ETF by 61.8% during the 4th quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock worth $1,671,000 after acquiring an additional 12,550 shares during the period. Jones Financial Companies Lllp lifted its stake in iShares Floating Rate Bond ETF by 93.4% in the 4th quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock worth $978,000 after purchasing an additional 9,287 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Floating Rate Bond ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock valued at $35,489,000 after purchasing an additional 91,686 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position 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 valued at $1,276,000 after purchasing an additional 502 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.6 %

Shares of FLOT stock opened at $50.68 on Wednesday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The business’s fifty day moving average is $50.87 and its 200 day moving average is $50.92.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1912 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.