Disciplined Investments LLC Has $859,000 Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Disciplined Investments LLC lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 16,814 shares of the company’s stock after purchasing an additional 357 shares during the period. Disciplined Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $859,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Crane Advisory LLC acquired a new position in iShares Floating Rate Bond ETF during the 1st quarter valued at $200,000. Global Assets Advisory LLC acquired a new position in iShares Floating Rate Bond ETF during the 1st quarter valued at $4,243,000. Single Point Partners LLC raised its stake in iShares Floating Rate Bond ETF by 1.9% during the 1st quarter. Single Point Partners LLC now owns 136,000 shares of the company’s stock valued at $6,944,000 after purchasing an additional 2,512 shares during the last quarter. FOCUS Wealth Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 5.5% during the 1st quarter. FOCUS Wealth Advisors LLC now owns 36,727 shares of the company’s stock valued at $1,875,000 after purchasing an additional 1,905 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in iShares Floating Rate Bond ETF by 47.8% during the 1st quarter. Park Avenue Securities LLC now owns 30,116 shares of the company’s stock valued at $1,538,000 after purchasing an additional 9,736 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT remained flat at $51.08 during trading hours on Wednesday. 501,797 shares of the company traded hands. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock’s fifty day moving average price is $51.00 and its 200-day moving average price is $50.89.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.2589 per share. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Monday, June 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.