Mercer Global Advisors Inc. ADV Purchases 34,735 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Mercer Global Advisors Inc. ADV grew its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 68.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,630 shares of the company’s stock after acquiring an additional 34,735 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.06% of iShares Floating Rate Bond ETF worth $4,357,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Blueprint Investment Partners LLC acquired a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $824,000. Principal Financial Group Inc. grew its position in iShares Floating Rate Bond ETF by 61.8% in the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock valued at $1,671,000 after acquiring an additional 12,550 shares during the period. Colonial Trust Advisors raised its stake in iShares Floating Rate Bond ETF by 2.1% during the fourth quarter. Colonial Trust Advisors now owns 243,175 shares of the company’s stock worth $12,373,000 after acquiring an additional 4,992 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares Floating Rate Bond ETF by 93.4% during the fourth quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock valued at $978,000 after acquiring an additional 9,287 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of 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 in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.5 %

FLOT opened at $50.74 on Tuesday. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34. The firm’s 50-day simple moving average is $50.81 and its 200-day simple moving average is $50.91.

iShares Floating Rate Bond ETF Cuts Dividend

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