Chatham Capital Group Inc. Reduces Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Chatham Capital Group Inc. reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 8.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 117,675 shares of the company’s stock after selling 10,375 shares during the quarter. iShares Floating Rate Bond ETF makes up about 1.1% of Chatham Capital Group Inc.’s holdings, making the stock its 25th largest position. Chatham Capital Group Inc. owned about 0.08% of iShares Floating Rate Bond ETF worth $6,008,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Northern Trust Corp boosted its holdings in iShares Floating Rate Bond ETF by 17.3% in the 4th quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock worth $218,203,000 after buying an additional 636,112 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 156.2% in the third quarter. Ameriprise Financial Inc. now owns 2,959,885 shares of the company’s stock worth $150,676,000 after acquiring an additional 1,804,501 shares during the period. Assetmark Inc. grew its position in shares of iShares Floating Rate Bond ETF by 11.9% in the fourth quarter. Assetmark Inc. now owns 2,435,420 shares of the company’s stock valued at $123,281,000 after purchasing an additional 258,033 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares Floating Rate Bond ETF by 5.1% during the 3rd quarter. Royal Bank of Canada now owns 1,570,738 shares of the company’s stock valued at $79,934,000 after purchasing an additional 75,839 shares during the period. Finally, Scarborough Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 1,437.5% during the 4th quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock worth $65,773,000 after purchasing an additional 1,214,838 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT remained flat at $51.09 on Friday. 1,093,812 shares of the company’s stock traded hands. The business has a 50-day moving average of $51.01 and a 200-day moving average of $50.90. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a dividend of $0.2494 per share. The ex-dividend date of this dividend is Monday, July 1st.

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.