Northwest Bancshares Inc. Has $417,000 Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Northwest Bancshares Inc. lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,164 shares of the company’s stock after selling 214 shares during the quarter. Northwest Bancshares Inc.’s holdings in iShares Floating Rate Bond ETF were worth $417,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $27,000. Pineridge Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 172.0% during the first quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after acquiring an additional 430 shares in the last quarter. Eastern Bank bought a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $41,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter worth about $50,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $82,000.

iShares Floating Rate Bond ETF Trading Up 0.0 %

FLOT stock opened at $51.00 on Wednesday. The company has a 50 day simple moving average of $50.95 and a 200 day simple moving average of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.