iShares Floating Rate Bond ETF (BATS:FLOT) Stake Increased by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 38.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,151 shares of the company’s stock after purchasing an additional 1,423 shares during the period. Capital Advisors Ltd. LLC’s holdings in iShares Floating Rate Bond ETF were worth $263,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Wealthcare Advisory Partners LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth $288,000. Founders Financial Securities LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth $222,000. SteelPeak Wealth LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 19.5% during the first quarter. SteelPeak Wealth LLC now owns 6,085 shares of the company’s stock worth $311,000 after acquiring an additional 993 shares in the last quarter. Miracle Mile Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 2.7% during the first quarter. Miracle Mile Advisors LLC now owns 75,006 shares of the company’s stock worth $3,830,000 after acquiring an additional 1,991 shares in the last quarter. Finally, Narus Financial Partners LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth $295,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of BATS:FLOT opened at $51.06 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The business has a fifty day simple moving average of $50.95 and a 200 day simple moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. 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 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.