StoneX Group Inc. Makes New $572,000 Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

StoneX Group Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 11,251 shares of the company’s stock, valued at approximately $572,000.

A number of other hedge funds have also recently made changes to their positions in FLOT. National Bank of Canada FI boosted its position in iShares Floating Rate Bond ETF by 51,598.2% during the 4th quarter. National Bank of Canada FI now owns 198,521 shares of the company’s stock worth $10,101,000 after buying an additional 198,137 shares during the period. D L Carlson Investment Group Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter worth $329,000. Prevail Innovative Wealth Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $644,000. CIBC Private Wealth Group LLC increased its holdings in iShares Floating Rate Bond ETF by 0.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 112,733 shares of the company’s stock valued at $5,743,000 after purchasing an additional 523 shares during the period. Finally, ARK & TLK Investments LLC increased its holdings in iShares Floating Rate Bond ETF by 371.0% in the fourth quarter. ARK & TLK Investments LLC now owns 27,017 shares of the company’s stock valued at $1,375,000 after purchasing an additional 21,281 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.2 %

Shares of FLOT opened at $50.88 on Thursday. The stock’s 50-day moving average price is $50.99 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.28 and a 12 month high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1912 dividend. The ex-dividend date 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.