First Horizon Advisors Inc. Has $381,000 Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

First Horizon Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 28.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,455 shares of the company’s stock after buying an additional 1,658 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $381,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Pineridge Advisors LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 172.0% in the 1st quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 430 shares in the last quarter. Eastern Bank bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $41,000. Opal Wealth Advisors LLC bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $50,000. Finally, LRI Investments LLC bought a new position in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $82,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.04 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The company’s 50 day moving average price is $50.96 and its two-hundred day moving average price is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.26 dividend. 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 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.