Global Trust Asset Management LLC Has $1.26 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Global Trust Asset Management LLC trimmed its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,609 shares of the company’s stock after selling 1,575 shares during the period. Global Trust Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,256,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth approximately $27,000. Pineridge Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 172.0% in the first quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 430 shares during the period. Eastern Bank acquired a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $41,000. Opal Wealth Advisors LLC acquired a new position in iShares Floating Rate Bond ETF in the second quarter valued at approximately $50,000. Finally, LRI Investments LLC acquired a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $82,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.01 on Friday. The company’s 50 day simple moving average is $50.95 and its 200 day simple moving average is $50.96. 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.26 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, September 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.